Economy
Indian Markets Extend Gains for Second Week on FII Support
Moneycontrol1h
THE BRIEF
1
Indian benchmark indices rose for the second consecutive week, with the BSE Sensex gaining 404.53 points to 78499.17 and the Nifty 50 climbing 187.05 points to 24570.65.
2
Foreign institutional investors (FIIs) purchased equities worth ₹2,887.69 crore, while domestic institutional investors (DIIs) invested ₹7,767.37 crore during the week.
3
The Indian rupee appreciated by 18 paise to settle at 95.21 against the U.S. dollar on August 7, supported by the RBI's decision to keep the repo rate at 5.25 percent.