Budget 2024 decoded: Wealth managers now back global MFs
Mutual fund schemes that invest in overseas equities are back on wealth managers’ radar after the government’s proposal in the budget to ease long-term capital gains tax for these products. …
Mutual fund schemes that invest in overseas equities are back on wealth managers’ radar after the government’s proposal in the budget to ease long-term capital gains tax for these products. …
Mutual fund managers have slowed down purchases in Indian equities in July so far, a stark contrast to their aggressive buying streak in recent months, on account of caution ahead …
Foreign investors injected Rs 30,772 crore into Indian equities so far this month, driven by hopes of continued policy reforms, sustained economic growth and a better-than-expected earnings season. Additionally, the …
The sustained rally in the past month has pushed more than 86% of stocks in the NSE 500 index above their 200-day moving averages (DMA), a crucial technical indicator for …
Foreign investors infused over Rs 7,900 crore in Indian equities in the first week of the month amid a healthy economic and earnings growth momentum. With this, total FPI investment …
Eight of the top-10 most valued firms together added Rs 1,83,290.36 crore in market valuation last week, with IT majors Tata Consultancy Services (TCS) and Infosys emerging as the biggest …
Brokerage firm Jefferies, after meetings in global funds in the US, has reported heightened international investor interest in India. Synopsis Gross FPI purchases reached a record high in June at …
The share of mid-cap and small-cap companies in India’s total market value hit the highest level in May, boosted by the unabated appetite for these shares among domestic investors. This, …
U.S. Treasury yields pushed to a near four-week peak on Wednesday, lifting their Asia-Pacific counterparts and the dollar while pressuring equities, as data sowed new doubts about the timing and …
FPIs have been net sellers of financial services stocks in six out of eight fortnights since the start of 2024. Consequently, the weight of the financial services sector dropped to …