Key Points
The net short position of FIIs reduced from Rs 1.28 lakh crore on Tuesday to Rs 1.15 lakh crore on Wednesday.Shutterstock.comIndia.
Domestic equities rallied for a second consecutive day on Wednesday on the back of positive global cues and gains in heavyweights...
However, several important events including India GDP, monthly F&O expiry, state election exit polls and OPEC meeting on Thursday could induce some volatility over the last 2 days," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal...
U.S. stocks edged lower on Wednesday as a robust upward GDP revision eased recession fears, while Federal Reserve officials' remarks raised questions about the duration of the central bank's restrictive policy...
The rupee sustained its gaining momentum for the second straight session and settled 2 paise higher at 83.32 (provisional) against the US dollar on Wednesday boosted by robust buying in equity markets and inflow of foreign funds...
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