fpi selloff: After 8 months of relentless outflows, is FPI selloff showing signs of slowdown?
Over the last eight months, foreign portfolio investors (FPIs) have dumped Indian stocks at a pace comparable only with that of the Global Financial Crisis, with their net sales crossing the Rs 2 lakh crore mark earlier this month. There are several factors prompting overseas investors to exit Indian stock markets in droves. Stretched valuations,…
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Nifty weekly outlook: Dalal Street Week Ahead: Nifty50 looks set to extend its technical pullback
It was a week of consolidation, in fact, a positive consolidation where the markets oscillated in a broad range. The Nifty saw itself trading in a 511-point range as compared to the 690-point range in the week before this. In the last five sessions, the benchmark index stayed in a broad 15,700-16,400 trading range but…
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pms: Risk or Return? What should you focus on while selecting a PMS
Most investors approach equity investing, first thinking about risk, and then about the return. Since PMS or Portfolio Management Services is primarily equity investing instrument, it is also approached generally with a risk-focused approach than a return-focused strategy. This is one of the reasons why smarter PMS companies market their products highlighting the positioning of…
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bse: Paradeep Phosphates lists at a premium
Shares of Paradeep Phosphates listed at ₹43.55 on the BSE on Friday, a 3.7% premium over its IPO price of ₹42. The stock ended 4.6% above its issue price at ₹43.95 after touching a high of ₹47.25 during the day. On the NSE, the stock listed at a premium of 5% at ₹44. Earlier this…
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wall street outlook: Wall St Week Ahead: Stock rally fanned by hopes of Fed ‘past peak hawkishness’
Bad news may once again be good news on Wall Street, as signs of slowing U.S. growth fan hopes that the Federal Reserve may not need to tighten policy as much as previously expected. Home sales have fallen for a third straight month, while big misses from retail giants such as Target Corp and Walmart…
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us stocks: Wall Street rallies, snaps longest weekly losing streak in decades
Wall Street closed sharply higher on Friday as signs of peaking inflation and consumer resiliency sent investors into the long holiday weekend with growing optimism that the Federal Reserve will be able to tighten monetary policy without tipping the economy into recession. All three major U.S. stock indexes brought a decisive end to their longest…
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Saurabh Mukherjea: Japan 1970s, not USA 1970s, is the better guide to what lies ahead for India
Contrary to the fashionable view that the Indian stock market will crater alongside the American stock market (as the Federal Reserve pursues aggressive rate tightening), we believe that India is more likely to follow the trajectory of Japan in the 1970s. As oil prices rose 10x through the 1970s, the US stock market went nowhere…
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stock market: I know exactly where Wall Street is heading (Just kidding)
The stock market’s decline this year has already been painful. The key questions for many people are how excruciating it will ultimately become and how they can endure it. The numbers aren’t pretty. The S&P 500 is down 13.3% from its Jan. 3 peak, and last Friday it briefly fell below the 20% threshold that…
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Lux Industries case: Sebi modifies interim order in Lux Industries case
New Delhi, Capital markets regulator Sebi on Friday modified its interim order against 14 entities in the matter of insider trading in the shares of . Sebi, through its interim order passed in January, barred 14 entities for indulging in insider trading and ordered impounding ill-gotten gains of Rs 2.94 crore in the matter. The…
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Market Movers: Market Movers: Antony Waste spikes 20% on big order; PSP Projects sees buying post record Q4
NEW DELHI: Siemens on Friday said it is selling its Large Drives Applications (LDA) business to one of the subsidiary of the promoter at a cash consideration of Rs 440 crore. The business contributes 3.33 per cent of the company’s revenue. Siemens AG, promoter of the company, intends to purchase the LDA Business of Siemens,…
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