FIIs stay buyers, DIIs return with strong support as markets extend rally

FIIs stay buyers, DIIs return with strong support as markets extend rally

Foreign institutional investors (FIIs) remained net buyers in Indian equities on Monday, July 6, albeit at a slower pace, purchasing shares worth a provisional ₹243.03 crore, according to exchange data. Domestic institutional investors (DIIs), meanwhile, reversed their previous session’s selling and emerged as strong net buyers, investing ₹3,791.42 crore in equities. On Friday, July 3,…

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Nifty outlook for July 7: Index within touching distance of two key levels as upmove continues

Nifty outlook for July 7: Index within touching distance of two key levels as upmove continues

Indian equities began the week on a strong note, with benchmark indices ending sharply higher as broad-based buying kept bullish momentum intact throughout Monday’s session. After opening in positive territory, the Nifty remained firmly in the green for most of the day, extending Friday’s breakout above the crucial 24,200 level. The benchmark settled 159 points,…

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Rentomojo IPO soon? Company gets Sebi approval for pulic issue; to raise Rs 150 cr via fresh issue

Rentomojo IPO soon? Company gets Sebi approval for pulic issue; to raise Rs 150 cr via fresh issue

Rentomojo IPO: Rentomojo, formerly known as Rentomojo Private Limited and Edunetwork Private Limited, has received the approval from the capital markets regulator Securities and Exchange Board of India (Sebi) for its proposed initial public offering (IPO), reported Economic Times. The company, engaged in an online rental and subscription platform for home furniture and appliances, filed…

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