The partnership will encompass 16 key markets across multiple geographies, including North America, EMEA and Asia, Sonata Software said in a statement
Foreign investors have continued selling in the Indian market, pulling out a massive Rs 85,790 crore (around USD 10.2 billion) from equities this month due to Chinese stimulus measures, attractive stock valuations, and the elevated pricing of domestic equities. October is turning into the worst-ever month in terms of foreign fund outflows. In March 2020, FPIs withdrew Rs 61,973 crore from equities. The latest outflow came after a nine-month high investment of Rs 57,724 crore in September 2024. Since June, foreign portfolio investors (FPIs) have consistently bought equities after withdrawing Rs 34,252 crore in April-May. Overall, FPIs have been net buyers in 2024, except for January, April, and May, data with the depositories showed. Looking ahead, the trajectory of global events like geopolitical developments and interest rate movements will play a crucial role in shaping future foreign investment in Indian equities, Himanshu Srivastava, Associate Director, Manager Research, ...
Rupee has been pressured by a surge in outflows from local stocks alongside in a rise in US bond yields and the dollar index this month
Dixon Technologies stock had opened at a record high of Rs 15,999.95.
Within EMs, UBS prefers markets that have attractive fundamentals and valuations, says Sunil
The uptick in Ircon International share price came after the company announced that it has inked a memorandum of understanding (MoU) with Patel Engineering.
Foreign investors turned net sellers in October, withdrawing shares worth Rs 58,711 crore in the month so far owing to escalating conflict between Israel and Iran, a sharp rise in crude oil prices, and the strong performance of the Chinese market. The outflow came following a nine-month high investment of Rs 57,724 crore in September. Since June, Foreign Portfolio Investors (FPIs) have consistently bought equities, after withdrawing Rs 34,252 crore in April-May. Overall, FPIs have been net buyers in 2024, except for January, April, and May, data with the depositories showed. Looking ahead, global factors such as geopolitical developments and the future direction of interest rates will play a crucial role in determining the flow of foreign investments into the Indian equity markets, Himanshu Srivastava, Associate Director, Manager Research, Morningstar Investment Research India, said. According to the data, FPIs made a net withdrawal of Rs 58,711 crore from equities between October
The fall in CreditAccess Grameen share price came after the company's disbursements dropped 19% annually to Rs 4,004 cr in Q2FY25, from Rs 4,966 crore in Q2FY24.
Indices up about 1% as China rally loses steam
NTPC is displaying a strong uptrend, characterised by a steady pattern of higher highs and higher lows.
Tata Power is trading near its all-time high price and given a range breakout on the weekly chart. The ADX indicator has turned up which supports the bullish trend.
At 09:58 AM, with Rs 1.07 trillion market cap, Max Healthcare was trading 4 per cent higher at Rs 1,099.65, as compared to 0.13 per cent gain in the benchmark index.
The uptick in share price came after the company announced that it will raise funds worth Rs 250 crore via QIP, coupled with the record date announcement for the stock-split.
The uptick in AstraZeneca share price came after the company announced that it has received permission to import for sale and distribution of Durvalumab 120 mg/2.4 mL and 500 mg/10 mL sol from CDSO.
The surge in shares came after the company announced that it has partnered with Amrut Distilleries, for manufacturing, bottling, marketing and selling of Amrut's few premium brands.
The shares of Ugro Capital rose ahead of the company's scheduled board meet on September 24 to consider fund raising.
Fusion Finance said it may be required to make an estimated credit loss (ECL) provisioning between Rs 500 crore to Rs 550 crore in Q2FY25 as compared to Rs 348 crore provision in Q1FY25.
The Nifty 50 Index remains bullish but overbought, indicating a possible near-term correction or profit booking.
The board is to consider and approve the raising of funds by way of issue of non-convertible debentures, commercial papers, other debt securities or any other security or any combination thereof.
The surge in Cosmic CRF share price came after the company announced that its subsidiary, N S Engineering Projects, has secured an order worth Rs 127.44 crore from the infrastructure industry.