Economic dataMoneycontrol
FPIs invest Rs 7,759 crore in FAR G-Secs in November
Positive+24
GreyOak summary
Foreign portfolio investors reversed outflows by buying Rs 7,759 crore in Indian government securities in early November. This shift followed a rupee appreciation of 1.1% and a 17% drop in Brent crude prices. The 10-year G-sec yield fell 22 basis points to 7.1898%, driven by softer oil and lower US Treasury yields.
What it affects
- FII flowsPositive +24
FPIs bought Rs 7,759 crore in G-SecsRolling sentiment Neutral +12
- USD/INRPositive +24
Rupee appreciated 1.1% supporting investor sentiment.Rolling sentiment Positive +33