FPI cautious on Indian market until further clarity on Q3 results

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The story "FPI cautious on Indian market until further clarity on Q3 results" was covered 20 hours ago by Times of India, a news publisher based in India.

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Times of India 20h ago

FPI cautious on Indian market until further clarity on Q3 results - Times of India

Quick Summary:

Foreign portfolio investors remain cautious on Indian equities in light of uncertainty around Q3 FY25 earnings recovery and fair market valuations, despite strong domestic institutional investor support.

The Indian rupee's depreciation and global factors are contributing to market volatility.

The report also highlighted the Indian rupee's depreciation to an all-time low of Rs 85.8 against US dollar, weighted by foreign outflows, triggered due to China’s announcement of new measures.