Epic Research Update : Weekahead – Flows, rupee key for shares amid EM turmoil

The BSE Sensex is expected to take cues from overseas investor flows and the rupee after a U.S. Federal Reserve taper-induced emerging market rout led the indexes to mark their lowest levels since November on Thursday.

Foreign institutional investors bought Indian shares worth a net $85.4 million in January, the smallest amount since they sold $902.5 million in August, when the rupee was hitting record lows against the dollar, exchange and regulatory data as of Thursday shows.

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