Foreign investors buy about ₹3,115 crore; rupee slips 10 paise to 94.86
Foreign institutional investors were net buyers of about ₹3,115 crore in Indian shares on Monday, while domestic institutions were net sellers of about ₹392 crore, according to exchange data reported by Whalesbook. Foreign investors have still taken out about ₹2.95 lakh crore from Indian shares so far in 2026, Upstox reported. The rupee ended 10 paise weaker at 94.86 per dollar (provisional) after touching 95.04 during the day, as the dollar was firm overseas. India's foreign exchange reserves fell by $1.27 billion to about $719.75 billion in the week to 30 October. The HSBC India Manufacturing PMI eased to 54.7 in October from 55.1, still showing growth.
The chain of consequences
- 1Foreign investors buy for a second session
- 2Indian funds are small net sellers
- 3A firm dollar overseas and weak Asian currencies weigh on the rupee
- 4Rupee ends at 94.86, down 10 paise
Tends to gain
Large-company shares that foreign investors favour
Tends to lose
The rupee stayed under pressure despite lower oil
If it reverses
If oil or US yields rise again, foreign selling could resume.
Other stories today
- Brent falls 7.6% to about $104.77 as Iran offers to reopen Hormuz on conditions
- Reliance jumps 11.6% after a 41% profit rise, lifting the Nifty 1.68% to 23,440.80
- US votes in midterm elections; Trump says no new strikes on Iran before the vote
- Record October vehicle sales lift auto shares; Maruti up 2.4%
- Metal shares rise 3.2%; Coal India gains 4.9% after record October supplies
- NTPC and Power Grid rise after results; NHPC reports on 4 November
- IT and pharma shares lag the rally; Infosys falls 2%
- US factory survey strengthens to 55.5 while the 10-year yield eases to 4.89%
- Defence shares recover; BDL bounces 2.3% from its 52-week low
- State-run banks rise 1.4% on Bank of Baroda results; Bank of Maharashtra slips
- L&T rises 1.8% as infrastructure shares gain