Bharat Express

Foreign institutional investors

FPIs continued to show confidence in the Indian market, injecting Rs 54,727 crore into equity and debt in July.

Anuj Choudhary, Research Analyst at Sharekhan by BNP Paribas, said the Indian rupee depreciated on dollar demand from foreign banks and importers.

Between April 26 and May 16, both benchmark indices increased by 3%, with the Sensex up 1,800 points and the Nifty up 517.