FPI
Foreign portfolio investors pulled out a record Rs 1.18 lakh crore in March, driving the Sensex down 2.22% to 71,947.55 and Nifty 2.14% to 22,331.40 on Monday. The rupee breached 95 intra-day before closing at 94.83 against the dollar. Elevated crude prices above $100 per barrel due to the West Asia conflict added pressure.
Raportoinut AI
India's markets regulator Sebi approved major changes to conflict-of-interest guidelines for its top officials and eased rules for foreign portfolio investors. The measures seek to standardize trading restrictions and enhance ease of doing business.