DIIs turned net buyers after selling in the last few sessions. Brent crude futures rose 87 cents, or 0.9%, to $96.86 a barrel by 0041 GMT after settling up 1.1% on Friday.įoreign portfolio investors (FPIs) net bought stocks worth Rs 3,958 crore on Friday, provisional data showed. Oil prices rose nearly 1% on Monday, extending gains from the previous session as China eased some of its strict COVID-19 protocols, fuelling hopes of a recovery in economic activity and demand at the world's top crude importer. Hong Kong’s Hang Seng futures rose 1.1%.central banker warned investors against getting carried away over one inflation number, nudging up bond yields and the dollar. Asian share markets were taking a breather on Monday after last week's sweeping rally as a top U.S.
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