Today the Indian stock market index Nifty 50 fell 0.92% to 16416.35 points and Sensex fell 1.02% to 55107.34 points.
According to the data, India’s foreign exchange reserve has fallen from $ 642 billion in September 2021 to below $ 600 billion in May 2022
According to Indian government data, retail consumer price inflation is 6.95% and wholesale price inflation is 14.55%.
FIIs have sold over Rs 50000 crore in May 2022 and this is the second-highest sell-off by FIIs in the history of the Indian stock market.
According to NSE data, FIIs sell-off 2397.65 crores but DIIs supported the market by investing 1940 crores.
Indian stockbroker firm Angel One has crossed the 10.10 million customer mark in May 2022 and added more than 0.47 million new customers in the month of May.
Maruti Suzuki India (MSI) said that it has installed a 20 MW solar power plant at its manufacturing plant in Manesar which will contribute 28,000 MW per year.
Tata Motors has signed an agreement with Indian ride-sharing company BlueSmart Mobility to deliver 10,000 Xpres-T electric vehicles.
India requires about 20% to 25% crude oil in the month of June 2022 and India is in talks with PJSC Rosneft Oil Company to increase Russian oil imports.
FIIs sell-off 275000 crores in Indian market in 5 months, pulled out more than they brought in 12 years