20-April-2024
Markets and Finance
 
FPIs drive Sensex over 60,000 again as inflation softens
18-Aug-2022

The benchmark Sensex at the BSE reclaimed the 60,000 mark after over four months on the back of moderating inflation, decline in global commodity prices and inflow of foreign portfolio investors (FPIs) into the Indian markets. The broader Nifty at National Stock Exchange (NSE) too crossed 17,900 on Wednesday. Over the last two months, the Sensex has jumped 17.2 per cent from 51,360 to cross 60,200 on Wednesday.

News Source:- https://indianexpress.com/article/business/market/fpis-drive-sensex-over-60000-again-as-inflation-softens-8094895/