EconomyPublished

Indian equity indices rise as foreign investors pour in funds

The Sensex closed near 74,460, up 308 points, and the Nifty 50 ended at 23,053, up 116 points on Friday. Gains were supported by foreign institutional investors buying Rs 6,305 crore of equities over the four trading days to 30 Oct, while mid‑cap and small‑cap indices slipped up to 2% during the week. Oil prices above $117 a barrel added volatility, and credit growth in the services sector reached 28.3% year‑on‑year in September.

Key facts

  • Foreign institutional investors purchased Rs 6,305 crore of Indian equities between 27 and 30 Oct.

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Why it matters

Strong equity inflows and services credit growth signal confidence despite oil‑driven volatility.

What changed

  1. First published from The Economic Times