Certainty in the election outcome and renewed foreign investor inflows into Indian equities have pushed benchmark indices to new peaks for two consecutive sessions. However, the banking index has not mirrored this trend. Does the election impact the banking sector? If yes, would a likely third term for Modi benefit […]
Indian stock markets
Dedicated emerging market (EM) foreign investors, Wood noted, may no longer be ‘overweight’ on India given a combination of sustained outperformance and strong domestic inflows prompting a potential shift in foreign investor sentiment. However, Chris Wood continues to have a positive structural view on India’s domestic demand cycle. Another reason […]
Traders in India’s stock market are turning to illegal election betting platforms for clues to combat the uncertainty regarding the outcome of the ongoing general elections, reported news agency Reuters. According to the report, in the weeks leading up to the vote counting on June 4, the market has been […]
The Indian market has been exceptionally volatile in the month of May. After falling over 3 percent in the first half, it rebounded a bit and is now down around 0.4 percent this month. The volatility has been attributed to some concerns surrounding the election results as well as the […]
The Indian equity market appears to be exhibiting a sense of benevolence or complacency, as fundamental issues like market size and profitability are being sidelined in favor of an obsession with growth narratives, observed Kotak Institutional Equities. In the current scenario, it pointed out that valuation methodologies have low or […]
Brokerage house DART believes that Aurum PropTech (AURUM), is one such new-age technology company, that will emerge as an influential game changer in India’s solid proptech growth momentum. It has initiated coverage on the stock with a ‘BUY’ rating and DCF-based target price of ₹250, implying an over 68 percent […]
Market sentiment has been subdued due to persistent selling by Foreign Institutional Investors (FIIs), a rise in US bond yields, and concerns surrounding the upcoming election outcome. Analysts anticipate that this trend of volatility is likely to persist in the near future, especially in the absence of significant positive catalysts. […]
The Indian market rose 1.24 percent in the month of April as strong buying by local fund continued. In March, domestic funds used the correction to deploy excess cash and the buying continued in April as well, absorbing all the selling of foreign institutional investors (FIIs), noted a report by […]