India's wholesale price inflation stood at 1.84 per cent in the month of September, primarily due to increase in prices of food articles and some manufacturing areas, the government said on Monday.

In August, the wholesale inflation came at 1.31 per cent and 2.04 per cent in July. The month-over-month change in WPI index for the month of September stood at 0.06 per cent as compared to August.

The WPI increase in September was due to the increase in prices of food articles, food products, other manufacturing, manufacture of motor vehicles, trailers and semi-trailers, manufacture of machinery and equipment, etc.

The WPI for primary articles increased by 0.41 per cent to 195.7 in September from 194.9 in August. Prices of minerals (1.83 per cent), non-food articles (1.31 per cent) and food articles (0.86 per cent) increased in September as compared to August.

After being stalled due to hurricane Milton, NASA’s Europa Clipper mission aims to fly to Jupiter’s icy moon Europa in search of life on Monday, SpaceX has said.

Europa Clipper will launch its first mission aboard SpaceX’s Falcon Heavy rocket from NASA Kennedy’s Launch Complex 39A in Florida at 12:05 p.m. ET. (9:35 pm IST) . It was earlier scheduled to fly on October 10.

“The spacecraft will help scientists determine if Europa’s salty ocean harbours the ingredients for life,” SpaceX said.

The Elon Musk-led company said it is the sixth and final flight for the first stage side boosters supporting this mission. The boosters previously assisted in the launch of USSF-44, USSF-67, USSF-52, Hughes JUPITER 3, and NASA’s Psyche mission.

The Indian stock market indices opened in green on Monday with Sensex trading at 81,690.83 after rising 309 points or 0.38 per cent at 9.18 a.m. At the same time, Nifty was trading at 25,062.9 after rising 98.70 points or 0.40 per cent.

The market trend remained positive. On the National Stock Exchange (NSE), 981 stocks were trading in the green, while 401 stocks were trading in the red. On the Bombay Stock Exchange (BSE), 1830 stocks were trading in the green and 901 stocks were trading in the red.

Nifty Bank was at 51,357.60 after rising 185.30 points or 0.36 per cent. The Nifty Midcap index was trading at 59,220.50 level after gaining 7.80 points or 0.01 per cent. At the same time, the Nifty 100 index is at 26,132.05 after gaining 77.95 points or 0.30 per cent.

India's foreign exchange (Forex) reserves stood above $700 billion for the second-consecutive week, data from the Reserve Bank of India (RBI) showed on Friday.

The foreign reserves stood at $701.18 billion as of October 4, a drop of $3.71 billion from the previous week, according to the RBI’s weekly bulletin.

The country's Forex reserves of over $700 billion are at an all-time high and the fourth-largest in the world.

Forex rose nearly $35 billion in the earlier seven weeks.

As per the Weekly Statistical Supplement released by the RBI, Foreign Currency Assets (FCAs) dropped by $3.51 billion to $612.6 billion.

India frontline equity indices closed lower on Friday as finance shares and TCS weighed on them.

At closing, Sensex was down 230 points, or 0.28 per cent, at 81,381 and Nifty was down 34 points, or 0.14 per cent, at 24,964.

The selling was driven by banking stocks. Nifty Bank was down 358 points, or 0.70 per cent, at 51,172.

Buying was seen in the midcap and smallcap stocks.

Nifty midcap 100 index was up 276 points or 0.47 per cent at 59,212 and Nifty smallcap 100 index was up 108 points or 0.58 per cent at 19,008.

Noel Tata on Friday was unanimously appointed as Chairman of Tata Group's philanthropic arm Tata Trusts during a board meeting to discuss the group's succession plans after the demise of Ratan Naval Tata at age 86.

The board decided to appoint Noel Tata, Ratan Tata's half-brother, who is on the boards of several listed company firms, including Tata Steel and Voltas.

The decision to appoint Noel Tata as chairman was keeping in mind Ratan Tata’s approach of 'moving on’.

According to reports, Mehli Mistry is set to be appointed as a permanent trustee of Tata Trusts. Mehli is the estranged first cousin of former Tata Group chairperson, the late Cyrus Mistry.

National Stock Exchange (NSE) has announced that weekly index derivatives contracts on Bank Nifty, Nifty Midcap Select, and Nifty Financial Services will be discontinued effective from November 13, November 18 and November 19, respectively.

This decision by NSE has been taken to comply with the new rules issued by the Securities and Exchange Board of India (SEBI) earlier this month for trading in futures and options (F&O).

Now NSE will have only one weekly tradeable index, which is Nifty 50.

As per the new F&O rules "from November 20, only one weekly index derivatives contract will be allowed per exchange".

Earlier on October 3, the Bombay Stock Exchange (BSE) announced that the weekly derivatives contracts of Sensex 50 and Bankex would be discontinued from November 14 and November 18. Only Sensex weekly derivatives contracts will be available for trading.

Indian equity indices opened lower on Friday following weak cues from the US markets.

At 9.24 a.m., Sensex was down 142 points or 0.17 per cent at 81, 469 and Nifty was down 36 points or 0.12 per cent at 24,960.

Selling was seen in the banking stocks. Nifty Bank was down 204 points or 0.40 per cent at 51,326.

In the Sensex pack, HCL Tech, Wipro, Tata Steel, Tech Mahindra, Sun Pharma, Tata Motors, Titan, Infosys, JSW Steel, TCS and IndusInd Bank were top gainers.

Bharti Airtel, Bajaj Finance, Asian Paints, Bajaj Finserv, ICICI Bank, HDFC Bank, Kotak Mahindra Bank, Axis Bank, NTPC, UltraTech Cement, Maruti Suzuki, HUL, Nestle and SBI were top losers.

Monthly systematic investment plan (SIP) numbers in India surged to Rs 24,508.73 crore in the month of September, up from Rs 23,547.34 crore in August, which is a 4 per cent increase, the Association of Mutual Funds in India (AMFI) data showed on Thursday.

The SIP contributions crossed the Rs 24,000 crore mark for the first time.

According to the monthly data released by the AMFI, the number of new SIPs registered in September stood at 6,638,857. The assets under management (AUM) of SIP reached an all-time high of Rs 13.81 lakh crore.

Indian frontline indices closed with marginal gains on Thursday ahead of the Q2 results of the country's largest IT services firm, TCS, to be released later in the day.

Inflation data from the US after market hours will also be a key monitorable.

At closing, Sensex was up 144 points, or 0.18 per cent, at 81,611 and Nifty was at 24,998, up 16 points, or 0.07 per cent.

Nifty Bank closed at 51,530 with a rise of 523 points, or 1.03 per cent, due to a rise in banking stocks.

In the Sensex pack, Kotak Mahindra Bank, JSW Steel, HDFC Bank, Power Grid, IndusInd Bank, Maruti Suzuki, NTPC, Axis Bank, M&M, UltraTech Cement, Bajaj Finserv, Tata Steel, ITC, Bajaj Finance, and Tata Steel were the top gainers.

Indian equity indices opened in the green on Thursday following positive cues from the US and Asian peers.

At 9.50 a.m., Sensex was up 93 points or 0.11 per cent at 81,560 and Nifty was up 29 points or 0.12 per cent at 25,011.

In early trade, the market trend was positive. On the National Stock Exchange (NSE), 1,689 shares were in the green and 475 shares were in the red.

Buying was also seen in midcap and smallcap stocks. The Nifty midcap 100 index was up 334 points, or 0.56 per cent, at 59,423 and the Nifty smallcap 100 index was up 138 points, or 0.73 per cent, at 19,002.

Among the sectoral indices, Auto, metal, realty, fin service, energy, private bank, infra, PSE, and oil and gas were the major gainers. IT and pharma were the major losers.

Hardik Matalia Derivative Analyst at Choice Broking said, "After a positive opening, Nifty can find support at 24,950 followed by 24,850 and 24,700. On the higher side, 25,100 can be an immediate resistance, followed by 24,200 and 25,300."

Private equity investments in India saw the total sum of equity invested reach $10.9 billion during the first nine months of 2024, marking a 38.9 per cent increase from the previous year, a report showed on Thursday.

India continues to be one of the top markets in Asia Pacific for financial sponsor activity, accounting for at least 28 per cent of the region’s total equity invested during this period, up from a 16 per cent market share in the same period last year, according to the report by LSEG, a global financial markets infrastructure and data provider.

The country offers diverse opportunities across various sectors, from healthcare and technology to consumer services, with growing consumption, digital transformation, and infrastructure development serving as key drivers fuelling investor interest,” said Elaine Tan, Senior Manager, LSEG Deals Intelligence.

Reserve Bank of India (RBI) Governor Shaktikanta Das said banks and NBFCs need to carefully assess their exposures in unsecured loan areas, both in terms of quality and size.

During his briefing on the decisions of the RBI Monetary Policy Committee (MPC), he said: "Some NBFCs were not pursuing strong underwriting for high growth. Self-improvement by NBFCs is the desired option. These NBFCs are also being closely monitored by the RBI and we will not hesitate to take action, if necessary."

"Some NBFC companies, including MFIs (microfinance institutions) and housing finance companies, are trying to get higher returns on equity. However, this is not common across the sector. RBI is engaging with such companies."

Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday said the real GDP for FY25 is estimated to be 7.2 per cent, which is in line with global projections amid strong fundamentals, rising consumption and robust investment sentiment in the country.

Das estimated real GDP for Q2 FY25 at 7 per cent, Q3 at 7.4 per cent and Q4 at 7.4 per cent. Real GDP growth of Q1 of next year has been estimated at 7.3 per cent.

Speaking on the third and last day of the RBI's Monetary Policy Committee (MPC) meeting, Das said that the share of investment in the GDP has reached its highest level since 2012-13.

"Looking ahead, India’s growth story remains intact as its fundamental drivers - consumption and investment demand - are gaining momentum," said Das.

Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday said that retail inflation for the current fiscal (FY25) is projected at 4.5 per cent due to healthy monsoon and sound supply conditions.

Addressing the Monetary Policy Committee (MPC) meeting here, Das said that food inflation is likely to decrease later in the year, supported by a solid stock of essential commodities.

The RBI MPC projected Consumer Price Index (CPI) inflation for FY25 at 4.5 per cent, with quarterly estimates of 4.1 per cent for Q2, 4.8 per cent for Q3, and 4.2 per cent for Q4.

"Food inflation could see some easing later in this fiscal on the back of strong kharif sowing, adequate buffers and good soil conditions," said Das, adding that this would help stabilise food prices and ease inflationary pressures in the economy.

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday decided to maintain the status quo on the repo rate at the current 6.5 per cent, while retaining India's real GDP growth forecast at 7.2 per cent for FY25.

RBI Governor Shaktikanta Das said that inflation for the third quarter (Q3) this fiscal is set to moderately increase to 4.8 per cent, saying that moderation in inflation is likely to remain slow and uneven.

"The inflation horse has been brought to the stable within the tolerance band. We have to be careful about opening the gate," he said during the MPC briefing.

The central bank decided to hold rates steady despite the US Federal Reserve's recent rate cut of 50 basis points. The RBI has changed the stance to 'neutral' from "withdrawal of accommodation".

"The Indian rupee continues to be among the least volatile currencies," said the RBI Governor.

Indian equity indices were trading higher on Wednesday before the monetary policy decision announcement from the Reserve Bank of India (RBI).

At 9.48 a.m., Sensex was up 251 points or 0.31 per cent at 81,873 and Nifty was up 81 points or 0.34 per cent at 25,097.

The market trend remains positive. On the National Stock Exchange (NSE), 1,855 shares were in the green and 396 shares were in the red.

In the Sensex pack, Tata Motors, Maruti Suzuki, Tech Mahindra, HCL Tech, Bajaj Finance, SBI, Wipro, Bharti Airtel, Asian Paints, Bajaj Finserv, Axis Bank, TCS and Infosys were the top gainers. ITC, Nestle, Reliance, JSW Steel, Kotak Mahindra Bank, NTPC, HUL, L&T and ICICI Bank were the top losers.

Hardik Matalia, Derivative Analyst at Choice Broking said, "After a flat opening, Nifty can find support at 24,950 followed by 24,850 and 24,700. On the higher side, 25,050 can be an immediate resistance, followed by 24,150 and 25,200."

Defence PSU Garden Reach Shipbuilders and Engineers (GRSE) Ltd delivered INS Nirdeshak, the second of the four survey vessels, to the Indian Navy on Tuesday.

The first ship of the class, INS Sandhayak, was commissioned in the Indian Navy on February 3 this year. The contract for four survey vessels (SVL) was signed on October 30, 2018.

“The SVL ships are designed and built as per classification rules of the Indian Register of Shipping. The ship aims at full-scale coastal and deep-water hydrographic survey of port/harbour approaches and determination of navigational channels/ routes,” the Ministry of Defence said in a statement on Tuesday.

बीएसई के बेंचमार्क में अल्ट्राटेक सीमेंट, एनटीपीसी और एलएंडटी के शेयरों में बढ़त के साथ मंगलवार को भारतीय इक्विटी सूचकांक हरे रंग में कारोबार कर रहे थे।

सुबह 9.59 बजे, सेंसेक्स 258 अंक या 0.32 प्रतिशत ऊपर 81,308 पर और निफ्टी 58.20 अंक या 0.23 प्रतिशत ऊपर 24,853 पर था।

सेंसेक्स पैक में अल्ट्राटेक सीमेंट, एमएंडएम, एक्सिस बैंक, एचयूएल, एसबीआई, एलएंडडी, एचडीएफसी बैंक, आईसीआईसीआई बैंक, भारती एयरटेल, एनटीपीसी, एशियन पेंट्स, कोटक महिंद्रा बैंक और इंडसइंड बैंक शीर्ष लाभ में रहे।

टाटा स्टील, टाटा मोटर्स, जेएसडब्ल्यू स्टील, विप्रो, टाइटन, एचसीएल टेक, इंफोसिस, टीसीएस, पावर ग्रिड, टेक महिंद्रा, बजाज फाइनेंस, मारुति सुजुकी और नेस्ले टॉप लूजर्स रहे।

यह रैली बैंकिंग शेयरों द्वारा संचालित थी। निफ्टी बैंक 262 अंक या 0.56 प्रतिशत बढ़कर 50,759 पर था।

India equity indices were trading in the green on Tuesday with gains in shares of UltraTech Cement, NTPC and L&T in BSE's benchmark.

At 9.59 a.m., Sensex was up 258 points or 0.32 per cent at 81,308 and Nifty was up 58.20 points or 0.23 per cent at 24,853.

In the Sensex pack, UltraTech Cement, M&M, Axis Bank, HUL, SBI, L&D, HDFC Bank, ICICI Bank, Bharti Airtel, NTPC, Asian Paints, Kotak Mahindra Bank and IndusInd Bank were the top gainers.

Tata Steel, Tata Motors, JSW Steel, Wipro, Titan, HCL Tech, Infosys, TCS, Power Grid, Tech Mahindra, Bajaj Finance, Maruti Suzuki and Nestle were the top losers.

The rally was driven by banking stocks. Nifty Bank was up 262 points or 0.56 per cent at 50,759.

Indian frontline indices closed in the deep red on Monday as investors played cautious due to the Middle East conflict.

At closing, Sensex was down 638 points, or 0.78 per cent, at 81,050 and Nifty was down 218 points, or 0.87 per cent, at 24,795.

Due to the sharp fall, the market cap of all the companies listed on the Bombay Stock Exchange (BSE) declined by Rs 9 lakh crore to Rs 452 lakh crore. The figure was at Rs 461 lakh crore in Friday's trading session.

In the Sensex pack, ITC, Bharti Airtel, M&M, Infosys, Bajaj Finance, TCS, and Tech Mahindra were the top gainers. NTPC, SBI, Power Grid, IndusInd Bank, Axis Bank, HDFC Bank, Titan, UltraTech Cement, Tata Steel, Reliance, JSW Steel, Nestle, L&T, HUL, and Kotak Mahindra Bank were the top losers.

Except IT index, almost all the indices closed in the red.

Indian equity indices opened in the green on Monday following global cues from the US and Asian markets.

At 9.51 a.m., Sensex was up 193 points or 0.24 per cent at 81,882 and Nifty was up 36 points or 0.15 per cent at 25,051.

However, the market trend remained negative. On the National Stock Exchange (NSE) 1,737 shares were in the red and 658 shares in the green.

In the Sensex pack, ITC, Kotak Mahindra Bank, HCL Tech, ICICI Bank, Bharti Airtel, Wipro, Tata Motors, UltraTech Cement, Nestle, Bajaj Finance, TCS, Infosys, Axis Bank and SBI were the top gainers. Titan, HDFC Bank, NTPC, Maruti Suzuki, Power Grid, HUL, Sun Pharma, L&T and Asian Paints were the top losers.

Hardik Matalia, Derivative analyst of Choice Broking said after a positive opening, Nifty can find support at 25,000 followed by 24,900 and 24,750. On the higher side, 25,150 can be an immediate resistance, followed by 25,250 and 25,300.

Gold prices continue to rise amid heightened tension in the Middle East, as the precious metal saw a definitive surge this week. The Iran-Israel conflict has kept buyers position intact even after prices were overbought.

Gold prices experienced a minor increase on Saturday as the cost of 24 carat gold was Rs 7,785.3 per gram in the morning trade, reflecting an increase of Rs 120. The cost of 22 carat gold was Rs 7,138.3 per gm, an increase of Rs 110 from Friday.

According to Narinder Wadhwa, Managing Director at SKI Capital Services Ltd, in times of geopolitical instability, particularly in the Middle East, gold often serves as a safe haven, while crude oil prices react sharply to concerns over supply disruptions.

Indian equity market closed in the deep red on Friday following conflict in the Middle East.

Indian investors have lost over Rs 14 lakh crore in the last two trading sessions as all listed companies' market cap on the Bombay Stock Exchange (BSE) skewed to Rs 461 lakh crore which was earlier Rs 475 lakh crore.

At closing, Sensex was down 808 points or 0.98 per cent at 81,688 and Nifty was down 235 points or 0.93 per cent at 25,014.

M&M, Bajaj Finance, Nestle, Asian Paints, Bharti Airtel, UltraTech Cement, ITC, HUL, Power Grid, HDFC Bank, Reliance, Bajaj Finserv, ICICI Bank and NTPC were the top losers. Infosys, Tech Mahindra, Wipro, Tata Motors, Axis Bank, TCS and SBI were the top gainers.

Odisha Chief Minister Mohan Charan Majhi on Thursday said that the discussions with the ambassadors and representatives of various countries at the ‘Ambassadors’ Meet’ in New Delhi were successful.

While speaking to media persons after the Ambassadors’ Meet, the Chief Minister said that the discussions were held with the ambassadors, business commissioners, high commissioners and senior diplomats of 43 countries in the meet held in New Delhi.

He added that the representatives of countries including Indonesia, Norway, Singapore, China, Japan, Brazil, Argentina, the USA, Thailand, Vietnam, and the UK participated in the meeting hosted by the Odisha government.

He said that the high-level delegation from Odisha held a constructive discussion with the ambassadors and other representatives on the industrial climate and investment opportunities in Odisha.

A 55-year-old doctor was shot dead at a private nursing home in the Kalindi Kunj area in Delhi's Jaitpur on Thursday.

The victim was identified as Dr Javed Akhtar, a practitioner of Unani Medicine at the three-bedded Nima Hospital.

After receiving information about the crime, the District Crime Team and FSL Rohini Team were rushed to the scene, police said.

Hospital staff told police that two teenagers, one of whom was treated a day before for a toe injury, came to the medical facility and asked for a change of dressing at 1.00 a.m.

Later, the teenagers said that they wanted a prescription and went to the cabin of Akhtar after which a gunshot was heard, the staff said.

The India equity capital markets hit a record high and raised $49.2 billion in the first nine months this year (January-September period) -- a massive 115 per cent growth compared to a year ago -- surpassing the annual record set in 2020 by proceeds, a report showed on Thursday.

The number of equity capital market offerings also saw a 61 per cent increase year-on-year, according the report by LSEG, a global financial markets infrastructure and data provider.

Initial public offerings (IPO) from Indian issuers raised $9.2 billion, up 96 per cent compared to the same period last year, making it the highest first nine-month total since 2021.

A record 22.98 lakh director KYC forms have been filed in the first six months of the current fiscal (FY25), exceeding the entire FY24 figures, the government informed.

According to a Ministry of Corporate Affairs (MCA) statement, it observed robust director KYC filing during FY25.

From April 1 till September 30, 22.98 lakh DIR-3 KYC forms were filed, compared to 20.54 lakh forms filed during the same period last fiscal.

“The filing upto September 2024 during FY25 has exceeded filing of 22.02 lakh forms during entire FY23-24,” the ministry noted.

The SEBI board has approved the introduction of a new investment product under the existing Mutual Fund framework that aims to curtail the proliferation of unregistered and unauthorised investment schemes/entities, which often promise unrealistic high returns and exploit investors’ expectations for better yields, leading to potential financial risks.

According to the markets regulator, the new asset class is intended to bridge the gap between Mutual Funds and Portfolio Management Services in terms of flexibility in portfolio construction.

As per SEBI, the new Mutual Fund product aims to provide investors with a professionally managed and well regulated product that offers greater flexibility, higher risk-taking capabilities for higher ticket size, while ensuring that appropriate safeguards and risk mitigation measures are in place.

Indian equity indices opened in the green on Tuesday following positive cues from Asian peers and US markets.

At 9:39 a.m., Sensex was at 84,461, up 161 points or 0.19 per cent and Nifty was at 25,858, up 47 points or 0.18 per cent.

The market trend remained positive. On the National Stock Exchange (NSE), 1560 shares were in the green and 733 shares in the red.

In the Sensex pack, Tech Mahindra, L&T, SBI, M&M, Bajaj Finserv, Power Grid, Wipro, Kotak Mahindra, Bharti Airtel, ICICI Bank and Tata Motors were the top gainers. Asian Paints, JSW Steel, HUL, Tata Steel, Maruti Suzuki, ITC, Sun Pharma and IndusInd Bank were the top losers.

Hardik Matalia, Derivative analyst of Choice Broking, "After a flat opening, Nifty can find support at 25,750 followed by 25,650 and 25,500. On the higher side, 25,950 can be an immediate resistance, followed by 26,000 and 26,050."

Indian equity indices opened in the red on Monday following negative cues from global equity markets.

At 9:40 a.m. Sensex was down 551 points or 0.64 per cent at 85,019 and Nifty was down 163 points or 0.63 per cent at 26,015.

In the BSE benchmark, Tata Steel, JSW Steel, Titan, Asian Paints, HUL, HCL Tech and Bajaj Finance were top gainers. Tech Mahindra, ICICI Bank, Axis Bank, Tata Motors, Reliance, M&M, Power Grid, IndusInd Bank, SBI, Bharti Airtel, UltraTech Cement and HDFC Bank were top losers.

Selling was also seen in the midcap and smallcap stocks. Nifty midcap 100 index was down 482 points or 0.80 per cent at 59,898 and Nifty smallcap 100 index was down 137 points or 0.71 per cent at 19,104.

Director General of the Border Security Force (BSF) Daljit Singh Chawdhary reviewed the law and order situation in the strife-torn Manipur and took stock of the operational preparedness of the para-military force in the wake of the recent escalation of violence, officials said on Sunday.

A BSF spokesman said that Chawdhary, a senior IPS officer, during his two-day tour (September 28-29) carried out a comprehensive review of the operational scenario and took stock of the operational preparedness of the force in view of the recent increase of violence in Manipur.

He visited several BSF deployments, talked to the force personnel and applauded their efforts to bring peace in the restive state.

 India has signed Biodiversity Beyond National Jurisdiction (BBNJ) -- an international agreement to protect marine biodiversity on the high seas, External Affairs Minister Dr. S. Jaishankar informed.

Jaishankar signed the BBNJ agreement at the UN Headquarters in New York.

“Signed the Biodiversity Beyond National Jurisdiction (BBNJ) Agreement today at the UN HQ,” he informed in a social media post on X.

“India is proud to join the BBNJ Agreement, an important step towards ensuring that our oceans remain healthy and resilient,” he added.

The Indian stock market continued to witness the bull run this week, marking a 1.7 per cent increase and the third consecutive weekly gain, with Sensex hitting 85,000 for the first time and Nifty trading at an all-time high.

The benchmark indices saw a phase of sector rotation. Large-cap stocks are receiving more inflows compared to mid and small-caps, which had been market favourites until recently.

Sectors like public sector banks, defence and railways, which saw heavy participation earlier, are gradually being overshadowed by under-performers such as pharma, private banks and mid-size IT.

Foreign portfolio investments (FPIs) in India reached Rs 3,39,066 crore in the fiscal year 2023-24, underlining the resilience and attractiveness of the country’s financial landscape. In the current fiscal, FPIs have pumped in Rs 1,71,248 crore (year-to-date), according to the government.

As per NSDL data, foreign portfolio investors injected Rs 48,822 crore into Indian equities this month (till September 26). They have continued their inflows in the market buoyed by the recent US Fed rate cut.

India’s booming IPO market also stands as a testament to its economic strength, with multinational corporations such as Hyundai and LG now choosing to list in the country, according to a report by the Ministry of Information and Broadcasting.