Data from FII DII: On December 7, 2022, DII purchased shares for Rs 388.85 crore while FPI sold shares worth Rs 1,241.87 crore.

According to information available on NSE, foreign institutional investors (FII) sold shares worth a net of Rs 1,241.87 crore on December 7, 2022, while domestic institutional investors (DII) purchased shares worth a net of Rs 388.85 crore.Up to December 7, FIIs sold shares totaling a net amount of Rs 4,367.46 crore, while DIIs purchased shares…

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Oil gains on dovish CPI, but weekly losses result from recession worries

Oil prices increased on Friday as softer-than-expected U.S. inflation data raised expectations of more gradual Federal Reserve interest rate increases, but worries about slowing economic growth and a rise in COVID in China kept oil trade negative for the week. After U.S. equity markets rallied, crude markets followed suit. A series of swift interest rate…

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CPI inflation perhaps rises above 7% once again, while IIP is projected to remain stable

India’s economic growth is accelerating, and after increasing until April 2022, inflation has declined. Mid-September 2022’s monthly macroeconomic data releases are anticipated to continue most of these tendencies world economy is presently experiencing a significant slowdown in growth. Nevertheless, despite some initial signs of a slowdown, average global inflation is still very nearly at its…

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First-quarter growth in double digits is predicted as the economy battles through Covid to complete recovery

India is expected to declare that the country’s economy expanded by double digits in the first quarter of its fiscal year, primarily as a result of the base effect but also because of increased demand and consumer spending. Analysts predict that India’s GDP increased by up to 16% year over year in the April–June quarter…

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