Equity market trend attributed to faster growth in India Inc earnings
The telecom giant is seeking to borrow approximately Rs 35,000 crore, but most banks are wary of extending credit, particularly as VI has struggled to raise funds from other sources
India has had a blockbuster IPO market this year. Till the end of August 2024, 50 Indian firms together raised Rs 53,453 crore through IPOs
"Factor investing is growing rapidly in India. Among factor funds, momentum is the largest and the most popular strategy," says Pratik Oswal, chief of business, passive funds, Motilal Oswal AMC
In a falling interest rate scenario, impacts growth and quality stocks more positively, say experts
Part of the reason for the long-term underweight has been that many investors preferred China's cheaper and dynamic market, while entry and exit costs for funds can be high in India
Sensex gaining streak now lengthiest since Sep '23; both indices at new highs
The yield on the benchmark 10-year government bond is expected to open around 4 basis points lower on Monday. It had settled at 6.86 per cent on Friday
The pipeline underscores investor exuberance in India despite turbulence in global equity markets
A sharp rise in yield spread is a bullish signal for Indian equity but it has been overshadowed by the negative cues in the global markets, said analysts
Regional stocks took their cues from Wall Street, where the S&P 500 and tech-heavy Nasdaq slipped further after Wednesday's frenetic selling
Depositors in India have been saving less in banks as soaring equity markets and avenues such as mutual funds, insurance funds and pension funds lure them
The data point assumes significance amid buzz that market regulator Securities and Exchange Board of India (Sebi) is debating a proposal on whether to increase the ticket-size for the options segment
Nearly Rs 5 trillion has been mobilised by ECM since 2022. This outpaces Rs 2.6 trillion inflows received by equity MF schemes during this period
All you need to know before market open for trade on Tuesday: Key levels to watch on the Nifty and Bank Nifty as Asian shares trade firm; Emcure Pharma to list today; 8 stocks in F&O ban.
Staging a strong comeback after general election results, foreign investors pumped Rs 12,170 crore in Indian equities so far in June, mainly driven by expectations of continued policy reforms and sustained economic growth. This came following a net withdrawal of Rs 25,586 crore from equities in May on poll jitters and more than Rs 8,700 crore in April amid concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields. With the latest investment, the total outflow now stood at Rs 11,194 crore so far in 2024 (till June 21), data with the depositories showed. Going ahead, Sunil Damania, Chief Investment Officer at MojoPMS, said foreign portfolio investors (FPIs) inflow will remain constrained due to the high valuations currently commanded by the Indian equity market. FPIs had been waiting on the sidelines for the election results. So far in 2024, barring March (Rs 35,000 crore inflow), they have been pulling out from India. "Though the general elec
PFRDA chairman Deepak Mohanty on Friday said the NPS balance lifecycle scheme that is designed to effectively manage both risks and returns may be launched in July or August
The rupee inched up 1 paisa to 83.43 against the US dollar in early trade on Thursday on the back of a weak American currency and positive domestic equity markets. Forex traders said an upward movement in the crude oil prices resisted a sharp rise in the Indian currency even as investors moved cautiously ahead of the RBI's monetary policy decision to be announced on Friday. At the interbank foreign exchange market, the local unit opened at 83.40 and slipped to 83.43 against the greenback, trading 1 paisa higher from its previous close. On Wednesday, the domestic currency settled 7 paise higher at 83.44 against the dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.15 per cent lower at 104.06. Analysts attributed the weakness in the dollar index to a sharp fall in US Treasury yields after the latest data showed private sector job growth in May was slower than estimated, raising expectations of an interest rat
Indian equities have been jittery amidst the ongoing elections and selling by foreign portfolio investors
With no Fed rate cut in sight, gilt schemes garner Rs 5,200 cr in April, most in at least 5 yrs