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 →
MUMBAI : Amid expectations of heightened market turbulence in the wake of India’s surging retail price inflation and slowing merchandise exports, which impacts the rupee, FPIs have turned net sellers of Indian stock futures of a significant quantity in just four days, a rare occurrence, according to market experts, whoRead More →
Friday’s rally was fuelled by strong foreign fund flows and favourable global cues, including encouraging US economic data. The Sensex rose 1.26% to close at a record of 64,718.56 after scaling an all-time high of 64,768.58 in intraday trading. The Nifty, too, rose 1.14% to a record 19,189.05. Foreign portfolioRead 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 →
Optimism swept through stock markets as an in-principle agreement on the US debt ceiling was reached between the US president and House Republicans. The development provided near-term relief, with expectations that Congress would promptly ratify the agreement. The positive sentiment carried over from the US markets, which closed sharply higherRead More →
New Delhi: Indian stocks clocked their best gains since 11 November on Friday, buoyed by positive global cues and a rush of foreign portfolio investments. The BSE Sensex surged 1.78% or 1,031 points to close near the 59,000 mark, while the Nifty jumped 1.63% to close at 17,359.75, crossing resistanceRead More →
Indian metal stocks have underperformed most global peers CYTD (year-to-date), and global brokerage Jefferies sees this as a buying opportunity and its top stock buy in the sector is Tata Steel, followed by Hindalco. Jefferies highlighted that its covered metal stocks – Tata Steel, Hindalco and JSW Steel (JSTL) –Read More →
Foreign portfolio investors (FPIs) settled the year 2022 as net sellers amidst macroeconomic concerns, rising interest rates trends, and geopolitical tension. Notably, FPIs purchased around ₹24,608 crore through the primary market in 2023. That took the total outflow in the Indian stocks in the year 2022 to more than ₹1.21Read More →
