Global funds have piled into sectors with strong growth potential, while pulling back exposure to sectors like banks, consumer and energy- the stragglers of 2024
The divergence comes as Indian secondary-market stocks are among the priciest in the world, at about 24 times 12-month forward earnings
A total of 220 panelists with $590 billion worth of assets under management (AUM)) participated in a survey conducted by BofA Securities between August 2 and August 8
The proportion of foreign money allocated to local bonds due in 10 years or more climbed to 17 per cent last week, up from just 11 per cent in September
Consistent main course with $8.1 billion served up in Q1 2024
A gauge of small- and mid-cap stocks has returned 60 per cent in the past year, compared with a 23 per cent advance in India's main S&P BSE Sensex Index
Global funds sold $2.4 billion of Indian shares on a net basis last week, the most since June 2022
Any correction in the Indian stock markets should be used to buy property, banks and industrial stocks, he advised
The deal values Indira IVF at $1.1 billion, cementing its position as a global leader in fertility services, with BPEA EQT set to become the new majority investor
1 in 6 Indian couples in metros grapples with infertility. Indira IVF is the largest player in the Rs 6,000-cr market that offers them a solution
As per latest shareholding data, SAIF Partners, Acacia Banyan Partners, Ontario Teachers, and Deccan Value Investors have cut their exposure by as much as 24 per cent
Ambit Capital MD Rahul Mody cited investment infrastructure trusts, known as InvITs, as a type of vehicle that has attracted global funds
RBI may have sold around $1 bn, but experts see pace of intervention declining
India's CAGR in the fintech sector grew by 20 per cent, which was higher than that of the US, the UK, and China which witnessed a growth of 16 per cent, 15 per cent, and 10 per cent, respectively
Global funds offloaded a net $40 billion of equities across seven regional markets last quarter, exceeding any three-month period characterised by systemic stresses since 2007
The I-T department observes irregularities in tax filings of 2013-14, 2014-15, and 2015-16
India's $3.2 trillion stock market is witnessing an unprecedented foreign selloff as the surge in oil prices fuels worries of an inflation shock in the major energy-importing nation
The Global Fund and Presidents of 5 African countries launch a fundraising campaign aiming at $18 bn to restore progress against AIDS, tuberculosis and malaria that has been disrupted by the Covid.
The measure is part of a plan that aims to create "the world's first net-zero aligned financial centre"
While the S&P500 index of the US is the best-performing, with gains of 10 per cent, the MSCI EM index has gained 8.5 per cent year-to-date