Foreign portfolio investors (FPIs) sold shares worth Rs 2,442.61 crore on Wednesday.
- The escalating trade threats between the world's two biggest economies has also been affecting forex market. Increasing prospects for a full-blown US-China trade war triggered a risk-off atmosphere in many global currency markets after US President Donald Trump ordered to impose another round of tariffs on more Chinese goods, prompting China to retaliate.
- Foreign portfolio investors (FPIs) sold shares worth Rs 2,442.61 crore on Wednesday, as per provisional data issued by stock exchanges.
- On Wednesday, rupee had staged a good comeback to end with a sharp gain of 30 paise at 68.08 against the US dollar on heavy bouts of dollar selling by banks and exporters with equities gaining ground.
- Meanwhile, the market benchmark index S&P BSE Sensex opened 97 points higher at 35,644 on Thursday in early trade. The NSE's Nifty50 also rose by 36 points to open at 10,808 in the early hours today.
- All the sectoral indices were trading higher, led by capital goods, consumer durables, infrastructure, banking, realty and oil and gas. Stocks of Reliance Industries continued its upward trajectory, scaling a new peak of Rs 1,031 by surging 1.08 per cent. (With PTI inputs)
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