Mumbai, June 21 (IANS) Indian equity markets are expected to remain cautiously optimistic in the next week, supported by easing geopolitical tensions in West Asia, softer crude oil prices and improving global risk sentiment, according to analysts on Sunday.Benchmark indices ended the previous week on a strong note, with Nifty gaining 390 points or 1.65 per cent to close at 24,013.10.Similarly, Sensex advanced around 1.7 per cent on a weekly basis, while broader markets outperformed with gains of…
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New Delhi, June 13 (IANS) Foreign portfolio investors (FPIs) are unlikely to continue selling big in India in the context of stable currency and improving economic prospects and the selling is likely to slow down significantly, analysts said on Saturday.There is a decreasing trend in FPI selling in India. On Friday, FPIs sold only for Rs 1,082 crore in the equity cash market.“Recent geopolitical developments, which everyone expects to lead to a peace deal between US and Iran have led to sharp …