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FII inflow consistency expected to further lift India s stock markets

FII inflow consistency expected to further lift India s stock markets    Top Stories Even as lean volume season is about to commence globally, analysts predict consistent foreign fund inflows to further boost India s equity indices in the short-to-medium term. Market observers cite expectations of a massive US stimulus, along with record low global interest rates as well as easy monetary policy being followed by international central banks as factors leading FIIs into India s equity market. Besides, foreign investors are eying prospects of a faster economic recovery in India amid subsiding Covid-19 cases. Consequently, FIIs have pumped in around Rs 5,000 crore in just the last two

Sensex, Nifty close at record highs; L&T, ONGC, NTPC, Titan top gainers

Sensex, Nifty close at record highs; L&T, ONGC, NTPC, Titan top gainers Barring realty and auto sectors, all indices closed in bullish territory, with over 2% gain in media, 1.7% rise in PSU Bank and 1.3% rise in metal stocks BusinessToday.In | December 14, 2020 | Updated 18:02 IST Earlier today, Sensex hit an all-time high of 46,373 and Nifty too logged a lifetime high of 13,597 Market indices closed at fresh highs on Monday after hitting record levels at the opening bell amid positive global equities. Backed by heavy buying in PSU banking and metal, Sensex ended 154 points higher at 46,253 and Nifty gained by 44 points to 13,558. Earlier today, Sensex hit an all-time high of 46,373 and Nifty too logged a lifetime high of 13,597.

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