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Foreign Institutional Investors (FIIs) continue to be overweight on country's markets on the hope of recovery in the second half of the current financial year and also on the long-term outlook of growth, according to a report of UBS.

The Federation Of Indian Export Organisations (FIEO) on Monday said that higher dollar inflows from Foreign Institutional Investors (FIIs) has created rupee volatility, which in turn, severely impacting the country's export sector.

Nifty, Sensex end at record closing highs; banks sizzle Cipla soars 4%; BoAML ups target as PAT to jump five-fold YES Bank climbs 4%, RBI allows FIIs to buy shares

The Indian rupee appreciated for the second straight day on likely overseas funds inflow into local stocks, while bond yields dropped to fresh six-week low tracking a sharp fall in US Treasury yields, dealers said