The rupee closed at 81.43 per US dollar on Wednesday as against 81.72 per dollar on Tuesday
The price-to-earnings (P/E) for the industrial and consumer staples sectors has more than doubled that of other Asian markets
Both stocks were the biggest gainers in both the Sensex and Nifty indices and accounted for nearly half of the gains made by these indices
The company was listed separately on October 19, following its demerger from Piramal Enterprises
Sustained selling by FPIs increases investment legroom to 22% at the end of September 2022 quarter
The US Fed delivered third large rate hike last week with over half of Nifty500 stocks slipping below their key moving averages. Is this fall set to continue or is the recent selling an overreaction?
Nifty P/E 82% higher than MSCI EM; up from 54% in June
In the past three months, the stock has zoomed 161 per cent, as compared to 5 per cent decline in the S&P BSE Sensex.
From India, MSCI has added 4 stocks - Adani Power, AU Small Finance Bank, Jindal Steel & Power and Tata Elxsi, whereas, deleted HDFC AMC.
Global index providers MSCI and FTSE say sanctions have made Russia's stock market "un-investable" and, proposed removal of Russian listings from their indices. Will India see FPI inflows after this?
The gain was underpinned by the stock's inclusion in the MSCI Standard Index and strong top-line performance in the September quarter
The entry of new-age companies will boost revenues but make indices pricier
Market observers say these stocks may edge higher in the coming weeks. The review period for the price cut-off is October 18-October 29
Business Standard brings to you top headlines on Thursday
Asian shares stumbled to two-month lows on Friday and were set for their worst weekly performance since February as confidence took a beating over the global spread of the Delta virus variant
On Wall Street, the S&P 500 reached its sixth consecutive all-time closing high on upbeat economic data, and European shares ended higher on a rally in crude prices
We expect the valuation premium to remain at elevated levels, as it offers one of the fastest growth in the region, Credit Suisse Wealth Management India said
While inflation has emerged as the most immediate concern for equity investors worldwide, confidence in Asia has also been hit due to a worsening Covid-19 outbreak from Taiwan to Singapore
The MSCI India Index has beaten a broader gauge of developing nation shares by about 5 percentage points in 2021
According to a Business Standard report, Tata Motors DVR, Intellect Design and SKF India could be added to the MSCI Smallcap index after the index provider does its semi-annual review