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Foreign Portfolio Investors (FPIs) are selling again even as Domestic Institutional Investors (DIIs) remain net buyers. What is driving foreign investors to be cautious on India even as domestic investors continue to bet on the stock market?
Oil prices have dropped below $100 a barrel due to Saudi Arabia restarting crude supply operations. Diplomatic efforts to resolve the US-Iran conflict have also contributed to easing market pressure. US crude inventories increased by 1.8 million barrels in the past week, contrary to analysts' expectations. Iraq is reportedly increasing its oil exports, signaling a shift in regional supply dynamics.
In July, Donald Trump showcased his financial acumen with substantial investments, notably entering and exiting positions in Elon Musk's SpaceX. His trading spectrum also included major players like Microsoft and Amazon, totaling over 1,150 transactions, highlighting a well-rounded investment strategy. Furthermore, he delved into several bond purchases and efficiently maneuvered through exchange-traded funds, demonstrating a proactive approach to managing his financial portfolio amid prior activities.
The interest is to be calculated on the amounts already paid by the homebuyer and will apply from June 26, 2025 until the date on which lawful possession of the flat is actually handed over.
Bank unions are gearing up for a three-day nationwide strike from September 28 to 30, potentially halting banking services and creating a five-day interruption for customers due to the preceding weekend holiday. Key banking activities, including half-yearly closings, will coincide with this period, heightening concerns about accessibility. Customers are encouraged to leverage digital services and finish any in-branch transactions before the strike.
Gold price prediction today: The Indian Gold market has been more cautious. Domestic prices are trading below import parity, with discounts widening sharply from $34/oz in July to $78/oz by mid-September.