Varun Beverages, Tube Investments, IHCL seen as potential inclusions
Investors have wiped about $7 billion off Saudi National Bank's market value amid growing concern over the lender's plans to purchase a stake in Credit Suisse Group AG
The company was listed separately on October 19, following its demerger from Piramal Enterprises
We are positive on select private banks with credit growth picking-up and asset quality outlook being benign/improving.
Sustained selling by FPIs increases investment legroom to 22% at the end of September 2022 quarter
India's 12-month forward price-to-earnings (P/E) multiple is nearly double the EM pack's
A global slowdown will have severe repercussions for India's balance of payments BoP through lower exports; a meaningful slowdown of late and lower capital inflows.
Bond yields fall as HDFC's Rs 10,000 crore debt sale plan propels custodian flows
Nifty P/E 82% higher than MSCI EM; up from 54% in June
According to the latest June quarter shareholding data, the FII shareholding in HDFC Bank and HDFC Ltd has declined to 65.81 per cent and 67.7 per cent, respectively
MSCI's gauge of Asia Pacific stocks outside Japan was up 0.3%, having erased part of the early morning gains
India - the sixth biggest stock market globally in terms of market capitalisation - is also classified as emerging market by the MSCI
Derivative markets pointed to a positive start later in the United States following losses on Wednesday when economic data failed to ease angst over rate hikes to fight inflation.
MSCI published additions and deletions to its global indexes last month but the announcement didn't detail changes to the weightings of individual stocks in its indexes
If FPI holdings decline further in the two firms, it could lead to good buying opportunities: Analysts.
From the Asia Pacific region, MSCI has added 48 stocks and deleted 76, with the most changes in China
Four domestic stocks added, one excluded from MSCI Standard index
Tata Elxsi, Jindal Steel seen as inclusion candidates; move could see a churn of Rs 6,900 crore by funds tracking the index
US Treasury yields dipped after hitting three-year highs on Wednesday as buyers emerged. Benchmark 10-year yields were last at 2.8455%, after reaching 2.981% overnight, the highest since Dec. 2018
In an investor presentation, the bank has made a case for inclusion in the MSCI and FTSE indices