The rise in FPI inflows came on the back of improving macros, declining inflation, hopes of a rate cut in 2024, and the possibility of the incumbent government returning for a third term in the general elections next year. Moreover, the record-high performance of the Indian market throughout the year,Read More →
Also, all sectoral indices closed on a negative note except the realty index. Going ahead, brokerage house Axis Securities believes that macroeconomic developments will continue to drive the market fundamentals in the near term. The critical near-term monitorables will be a) The outcome of the upcoming FOMC meeting, b) TheRead More →
Global funds are now beginning to pay more attention to Indian market, said Christopher Wood, global head of equity strategy at Jefferies, in his latest Greed & Fear report. This is because the market now has 30 companies with a market capitalisation of over $25 billion, it informed. As aRead More →
To be fair, intuitively it does make sense. Usually there is some terrible news, such as the bank crisis, subprime mortgage crisis, war, inflation, COVID etc. The negative news has caused the market to drop. The news seems to be going from bad to worse. Logically, this means the equityRead More →
