"Hence, markets are likely to remain in a broader range with stock-specific action in the near term," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
The share of FIIs was down by 51 bps quarter-on-quarter (QoQ), resulting in the gap between FII and DII holdings narrowing further to an all-time low in this quarter. The DII holding is now just 9.23% lower than the FII holding.
Before Market Opens: Indian markets are set to open higher on Thursday following mixed trade in global peers after the US Federal Reserve kept the interest rate unchanged for the 6th straight time, as expected. Let s take a look at some key cues before the market opens today:
Before Market Opens: Indian markets are likely to extend gains on Tuesday following gains in Asian peers even though Wall Street ended lower in overnight deals. Meanwhile, Gift Nifty was trading 59 points higher. Let s take a look at some key cues before the market opens today:
Before Market Opens: Indian markets are likely to open lower on Thursday, the last working day of the week following losses in Asian peers. Markets will remain closed on Friday, March 29, on account of Good Friday. Let s take a look at some key cues before the market opens today: