The domestic indices have logged their best monthly advance since April. In November, the benchmark Sensex and Nifty50 indices gained 11.4 per cent each, underpinned by the highest-ever foreign inflow. The US election verdict and progress on the vaccine front boosted risk appetite of foreign portfolio investors (FPIs). Their daily average purchase stood at over $400 million, or Rs 3,000 crore. The small- and mid-cap indices outperformed with gains of over 13 per cent each. Friday was the last trading day of the month as markets are shut on Monday.
Nine big financial changes that you must watch out for in October
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