Market wrapEconomic Times
Rs 80,000 crore FII buying sparks rally; RBI hike worries loom
Positive0
GreyOak summary
However, analysts warn that expectations of another RBI rate hike and potential oil price spikes could trigger a correction. Domestic investors are selling, making the rally reliant on continued foreign inflows.
What it affects
- FII flowsPositive 0
Rolling sentiment Positive +23
- RBI policy rate and stanceNegative 0
RBI hiked rates; worries persist for December.Rolling sentiment Negative -41
