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FIIs record highest single-day selling in February on Friday, sell shares worth Rs 11,639 crore
Foreign Institutional Investors (FIIs) sold Indian equities worth Rs 11,639 crore on Friday, recording their highest single-day sell-off in February. Through the month, they were net sellers at Rs 34,574 crore. In the 20 trading sessions, they were buyers on just two instances — on February 18, when they had bought domestic shares worth Rs…
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Nifty and Sensex Drop 3% as Metal and Realty Indices Fall 5% – Equitypandit
August 5, 2024August 5, 2024 Benchmark indices today slumped nearly by 3% each to a broad-based selloff due to weak global cues and fears of recession. At the end of the day, the Sensex decreased by 2.74% to 78,759, while the Nifty fell 2.68% to 24,055. There were 469…
AMLP ETF: I’m Buying Every Dip On This Near 8% Yielder
spooh Alerian MLP ETF (NYSEARCA:AMLP) focuses on investing in energy infrastructure MLPs which includes: pipelines, processing plants and storage facilities. Investors love the yield that MLPs offer, and they are great options for income investors. However, I never buy MLPs directly because they often issue K1s, which are end-of-the-year tax forms. My experience has been…
