After a robust July, foreign portfolio investors increased their equity acquisitions in August, marking a moderate uptick. Domestic institutional investors also continued their purchasing activities, though at a more measured pace. This buying spree aligned w…
India is set to eliminate capital gains tax for foreign portfolio investors on government securities to boost overseas capital inflows. This move, approved via an ordinance, aims to counter economic impacts from the Iran war and address negative foreign portf…

Domestic markets are likely to open on a weak note on Tuesday, with India facing multiple headwinds such as a weakening rupee, unabated selling by foreign portfolio investors, pressure on foreign reserves and a widening current-account deficit.
Foreign investors continued to pare their exposure to Indian equities, withdrawing Rs 14,231 crore so far this month driven by persistent global macroeconomic uncertainties.