Latest Updates Around The World
Foreign investors returned to Indian stocks in droves on Tuesday, leaving behind a long streak of selling after the India-US trade deal removed a key overhang in markets. Foreign institutional investors (FIIs) bought shares worth Rs 5,236 crore, according to provisional data from the NSE. This marked the highest single-day FII inflow since October 28. […]
Akzo Nobel India’s Promoter Entity Imperial Chemical Industries has today sold more than 22.77 LAKH shares worth RS 765 Crore through several blocks to Marquee International and domestic funds. The shares were sold at a price of RS 3,358.8 each to Goldman Sachs, Citigroup, BNP Paribas, Societe Generale, Morgan Stanley, Nippon India Mutual Fund, Aditya […]
The long-awaited two-day goods and service tax (GST) Meet starts today, but market participants seem surprisingly modest despite the potential for important policy announcements. Speaking with Et Now, Vikash Kumar Jain emphasized that investor sentiment has cooled considerably in the past year. “It was hard to find foreign investors who are bullish about India,” he […]
Foreign Institutional Investors (FIIs) significantly cut their participations in LargeCap, MidCap and SmallCap shares during the June quartal, with the greatest proportional reductions that are seen in the LARGECAP segment. Recent data show that FIIs have reduced the interests in 55% of the Largecap companies, compared to 50% in midcap and 53% in SmallCap companies. […]
Mumbai: Overseas money managers are the most pessimistic about Indian shares in two years as a weakening rupee in the light of American rates, rich valuations and moderating business gains, the global luster of Dalal Street Doffen remain. Although the risk-off sentiment about India has been imposed on the outputs to accelerate in recent weeks, […]
