Foreign portfolio traders had been internet sellers within the Indian markets to the tune of Rs 8,879 crore so far in December. As per depositories’ information, they took out Rs 7,462 crore from equities, Rs 1,272 crore from the debt segment and Rs 145 crore from hybrid instruments throughout December 1-10. The Government is unlikely to announce capital infusion for public sector banks within the upcoming Budget, as their financial well being has improved on the back of discount in bad loans, sources stated. To increase their assets, banks can be inspired to lift funds from the market and in addition by selling…
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- A slower international recovery and excessive inflation have made 2021 a tricky one for many traders.
- Chinese AI company SenseTime mentioned it would postpone its Hong Kong IPO days after it was added to an