Additionally, the counter has surpassed its recent swing high, coinciding with earlier breakout zones, backed by rising volumes

trading, market, stocks

After heavy selling in the past two months, foreign investors have staged a strong comeback to Indian equities with a net investment of Rs 24,454 crore in the first week of December amid stabilising global conditions and expectations of potential US Federal Reserve rate cuts.
This revival follows significant outflows in the preceding months, with foreign portfolio investors (FPIs) pulling out a net Rs 21,612 crore in November and a massive Rs 94,017 crore in October - the worst monthly outflow on record.
Interestingly, September had marked a nine-month high for FPI inflows, with a net investment of Rs 57,724 crore, highlighting the volatility in foreign investment trends.
With the latest inflow, FPI investments have reached Rs 9,435 crore in 2024 so far, data with the depositories showed.
Looking ahead, the flow of foreign investments into Indian equity markets will hinge on several key factors. These include the policies implemented under Donald Trump's presidency, the prevailing

FPI, Foreign portfolio investment

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Rupee appreciated 7 paise to 84.64 against the US dollar in morning trade on Friday, ahead of the Reserve Bank's monetary policy decision.
Forex traders said fresh foreign fund inflows supported investor sentiments, however, a muted trend in domestic equities weighed on the domestic unit.
Moreover, market participants are also awaiting cues from the upcoming Reserve Bank of India (RBI) monetary policy on Friday, which will likely focus on balancing inflation and growth.
At the interbank foreign exchange, the rupee opened at 84.66 and moved in a tight range and touched 84.64 against the greenback, registering a gain of 7 paise over its previous close.
On Thursday, the rupee recovered from its all-time low level and settled for the day with gains of 4 paise at 84.71 against the US dollar.
"The Indian rupee is expected to open a tad stronger after the Central Bank sold dollars at 84.75 levels and ensured it stayed in the range of 84.70 to 84.75. As the RBI announces policy rates amid

Rs, Rupee, Indian Currency

Torrent Power on Friday said it has raised Rs 3,500 crore by issuing 2.32 crore equity shares at Rs 1,503 per piece through a Qualified Institutional Placement (QIP).
Pursuant to the allotment of equity shares in the issue, the company's paid-up equity share capital has increased from Rs 480.62 crore, comprising 48,06,16,784 equity shares of Rs 10 each, to Rs 503.90 crore, comprising 50,39,03,543 equity shares of Rs 10 each, a BSE filing said.
Fund Raising Committee of the Board at its meeting held on December 5, 2024, approved the issue and allotment of 2,32,86,759 equity shares to the eligible qualified institutional buyers at the issue price of Rs 1,503 per equity share (including a premium of Rs 1,493 per equity share) which is at a discount of Rs 52.75 per equity share i.e. 3.40 per cent to the floor price of Rs 1,555.75 per equity share to approximately Rs 3,500 crore following the Issue.
In July this year, shareholders of the company approved the proposal to raise up to Rs ..

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