MUMBAI : In an indication of the Indian market’s outperformance compared to other emerging markets (EMs), the MSCI India index traded at a premium of 141.08% to MSCI Emerging Markets (EM) index, the highest in 11 months, on 4 December. The premium is also nearing its record high of 145.67%Read More →
MUMBAI : FPI net inflows into Indian bonds in November have hit the highest level in 26 months, thanks to higher allocations by foreign investors to emerging markets like India in anticipation of US interest rates having peaked and buying by non-index funds ahead of the country’s inclusion in JPRead More →
The inflow was broad-based, with inflow seen across all sectors. The biggest sectoral inflows were from the Capital Goods ( ₹3,32,484 crores), Capital Goods ( ₹1,81,554 crores), and Chemicals ( ₹1,01,059 crores) sectors, as of 30th June 2023. The rising interest rates in the US, which have made Indian equitiesRead More →
After a selling spree, foreign institutional investors (FIIs) turned net buyers of Indian equities since March this year. An analysis by Bank of Baroda shows that India has registered FII inflow (equity) of $1,220 crore for the quarter ended 30 June. Countries such as South Korea, Taiwan and Indonesia haveRead More →
MUMBAI : Indian stocks have started to outshine their emerging-market (EM) peers after a brief spell of underperformance between December 2022 and March 2023, with the MSCI India Index trading at an eight-month high premium to the MSCI Emerging Market Index. The MSCI India Index premium widened to 114.75% onRead More →
BlackRock Inc.’s research arm is growing even more bullish on emerging markets, where central bankers are moving far faster than the Federal Reserve to reach a peak in their interest rate hiking cycles. The world’s biggest money manager favors stocks and bonds from the developing world over those from matureRead More →
Indian stock market witnessed relief rally for the entire week truncated by two stock market holidays falling on Tuesday and Friday. However, these relief rallies are yet to confirm pull back rally on Dalal Street as major indices are still reeling below the recent swing highs. After Reserve Bank ofRead More →
India’s macroeconomic position is expected to be relatively better than most Asian peers.. And this is driving optimism for the country’s corporate earnings outlook. The consensus earnings per share (EPS) growth estimates for the benchmark Nifty50 for FY23-FY25 are higher than most emerging market and developed market economies. The chartRead More →
The Indian stock markets on Wednesday ended with gains for the second consecutive day despite weak global cues. The US’s CPI inflation came above expectations raising fears of a hawkish Fed. Bond yields, too, jumped, so did the dollar index which is a concern for emerging markets. This meant thatRead More →
A heady cocktail of rising interest rates, strong US dollar and elevated geopolitical tensions made emerging market (EM) assets unattractive to foreign investors in CY22. In a flight to safety, foreign institutional investors (FIIs) shunned EMs. The Bloomberg Emerging Markets Capital Flow Proxy Index shows that capital flows in theRead More →
