Mumbai, Aug. 14 -- GIFT Nifty:

GIFT Nifty futures is trading 27.50 points lower, indicating a negative start for the Nifty 50.

Foreign portfolio investors (FPIs) sold shares worth Rs 2,107.17 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 1,239.96 crore in the Indian equity market on 13 August 2024, provisional data showed.

FPIs have sold shares worth over Rs 27148.16 crore in August 2024 (so far). They bought shares worth 5407.83 crore in June 2024.

Global Markets:

Asian stocks mostly rose on Wednesday, buoyed by Wall Street's rally following upbeat US inflation data. This strengthened expectations that the Federal Reserve could initiate monetary easing as early as September.

New Zealand's d...