INSUBCONTINENT EXCLUSIVE:
NEW DELHI: Domestic equities extended gains for a third consecutive session on Friday, backed by across the board buying following positive
key boosting market sentiment:Strong global showAsia stocks climbed on Friday after Wall Street settled in the positive territory amid signs
of an ebb in the tussle between the White House and US Fed
Most US stock indices closed with gains on Thursday
China's SSE Composite Index and the Korea Composite Stock Price Index, or KOSPI, logged gains of half-a-percent
Liquidity hopesThe Finance Ministry is readying to infuse Rs 28,615 crore in seven state-run banks by December end to help meet the
regulatory norms on maintaining adequate capital buffers
batch of supplementary demands for grants
That takes total recapitalisation for 2018-19 to Rs 1.06 lakh crore.
Capital inflowsForeign portfolio investors (FPIs) bought net shares
worth Rs 1,731.91 crore on Thursday
On the other hand, for the first time in two decades, India has been getting more foreign investment than its neighbour China
code and fresh opportunities in sunrise sectors
Strong rupeeThe domestic unit gained muscle on Friday after the dollar eased against its global peers
The rupee was trading 43 paise higher to 69.92 against the US currency around 1:45 pm, aided by foreign fund inflows amid a weak dollar
globally and sharp fall in crude oil prices
Crude's fallOversupply concerns continued pressing crude oil in the global markets
Oil prices climbed by $1 to win back some of the ground they lost in the previous session, but growth in the US crude stockpiles and ongoing
concerns about the global economy kept markets under pressure, Reuters reported
Crude's slide is no less than a boon for the Indian economy as it reduces the gap of current account deficit and fiscal deficit.
