Foreign investors infuse around Rs 31,000 crore in last six trading sessions
Foreign investors have infused nearly Rs 31,000 crore in the Indian equity markets in the last six trading sessions in March, data with the depositories said.
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The Rupee weakened by 13 paise to 64.65 against the US Dollar in early trade on Friday at the Interbank Foreign Exchange market due to appreciation of the American currency overseas.
Besides, a lower opening in the domestic equity market also weighed on the Rupee, dealers said.
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The Rupee had closed on Thursday at a near 20-month high of 64.52, firming up by 35 paise against the US Dollar on massive unwinding of the American currency by exporters amid buoyant growth outlook by the Reserve Bank.
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Meanwhile, the benchmark BSE Sensex fell 164.32 points or 0.54 per cent to 29,763.02 in opening trade on Friday.
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Foreign investors have infused nearly Rs 31,000 crore in the Indian equity markets in the last six trading sessions in March, data with the depositories said.
The benchmark indices ended lower on Friday, with auto and Information Technology stocks remaining under pressure amid concern over the upcoming US tariffs.
Hyundai Motor India Ltd (HMIL) on Friday announced share inclusion in Nifty Next 50, Nifty 100, Nifty 500 and other key capital market indices.
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