FPIs bought heavily in banking, IT stocks ...Middle East

New Delhi: Chief Investment Strategist at Geojit Financial Services V K Vijayakumar on Saturday said that a major development in December has been that FPIs have heavily bought stocks in banking and IT segments. He said that this trend has intensified after the Fed signalled the end of the tightening cycle and indicated possibly three rate cuts in 2024. He said that this triggered a crash in U.S bond yields with the 10-year going below 4 per cent. “FPIs heavily bought stocks in banking and IT segments. FPI buying is likely to sustain and going forward,” he said. He said that the India is one of the top investment destinations of FPIs. “There is a near consensus now in the global investing

Hence then, the article about fpis bought heavily in banking it stocks was published today ( Saturday 16/12/2023 - 12:52 PM ) and is available on News room odisha ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( FPIs bought heavily in banking, IT stocks )

Last updated : 16 Dec 2023 clock 12:52 PM

Also on site :

FPIs bought heavily in banking, IT stocks ...Middle East

Taylor Frankie Paul Allegedly Failed Multiple Drug Tests

Aryna Sabalenka fined ₹7 lakh for racket abuse in US Open final; check full list of players fined

At Least for One Episode, The Old South Park Is Back

Peter Max, iconic pop artist who spearheaded ‘flower power’ movement, dead at 88

Bernie Sanders Says It’s Embarrassing How Little the President Knows About the Dangers of AI

Céline Dion’s Comeback: 5 Takeaways From Night Two Of Her Paris Residency

‘Teacher of the Year’ Arrested for Improper Relationship With Student

TORM plc announces closing of secondary public offering of its class A common shares

’90s Alternative Rock Legends Announce New Show With Massive Lineup in Support of Mike Roche

Duncan Sheik Hospitalized In”Critical But Stable Condition” Weeks Before Two Major Off Broadway Musicals Set To Begin

Floods return to Valencia with 2024 tragedy still fresh in mind

‘South Park’ Season 29 Premiere Embraces ‘South America’ Name Change With New Theme Song And a Trump Cameo

Dodgers Notes: Snell, Sasaki, Walter

SEPTEMBER 28, 2026 CAPR INVESTOR DEADLINE: Capricor Therapeutics, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Novak Djokovic return date confirmed after US Open shocker