While the general consensus is of 6-7 rate hikes this year by the US Fed, there are some who expect lower rate hikes and a slowdown in the economy
The benchmark Nifty last week pierced 18,000 for the first time since January 19. While Vehicle financier stocks are likely to gain on the back of demand recovery and improved asset quality
The Sensex rose 740 points, or 1.3 per cent, to end the day at 58,684, the highest since February 10.
Over $400 billion in assets under management are said to be benchmarked to the MSCI EM index.
RIL, IT stocks lead rally; Sensex set to reclaim 58K mark
State-controlled fuel retailers in India, which is the world's third-biggest consumer and importer of oil, will raise petrol and diesel pump prices for the first time since November
Amid the massive foreign fund outflows, few domestic stocks such as Chambal Fertiliser, Hindustan Petroleum Corporation and ACC, among some others, have attracted foreign investors' attention.
A pause in this persistent selling would also be a shot in arm for stocks with high foreign ownership, especially financial companies, due to close relationship between performance and fund flows
The indices had risen in the previous four sessions on the back of positive macroeconomic indicators
Long-short AIF strategies outperformed long-only funds
Historically high valuations have also made some analysts cautious.
The broader markets however finished in red, the breadth too was negative
Higher US rates would impact flows into emerging markets like India
Reliance, Bharti Airtel and financial shares were the other major losers; Data Patterns IPO gets 2.5 times subscripton as of 03:15 PM on day 1 of the offer
Keep in mind that gifts of above Rs 50,000 from non-relatives are taxable in the recipient's hands, except during a wedding
The platform aims to give retail investors an option other than FDs and stocks, and also wants make lease finance a popular choice for firms seeking asset-light business models
Akshaya Bhargava's fintech firm Bridgeweave covers 4,500 global stocks and 1,500 ETFs in 15 markets. Its AI algorithms do over 800 mn calculations a day, something impossible for a regular investor
Higher competition may lead to market share loss
The stock has seen a six-fold jump in value over the last one year
HDFC Bank ranked number 16 for overall equity deals business last year, and number 29 in 2019, according to Bloomberg.