Quote on Market & FII flows by Vinit Bolinjkar - Head of Research- Ventura
Below the Quote on Market & FII flows by Vinit Bolinjkar - Head of Research- Ventura
Indian equity markets wrapped up the week on a firm footing, with the benchmark Nifty 50 closing at 24,366. Domestic sentiment has been bolstered by a decisive turnaround in foreign capital flows. Foreign Institutional Investors (FIIs) registered aggressive net inflows totaling Rs 5,672.48 crores over consecutive recent sessions, highlighted by a buying surge of Rs 3,127.29 crores. While the USD/INR hovering near 95.42 and Brent crude consolidating around $87/bbl demand cautious vigilance on the imported inflation front, strong domestic institutional buAering and robust bluechip buying have established a solid market floor. The near-term outlook remains constructively bullish as investors price in healthy earnings momentum and strengthening macro-liquidity.
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