Since September 2024, Indian equities have experienced a challenging market phase with mixed returns. The Nifty and Sensex have seen significant declines, while small and mid-cap stocks have performed relatively well. Despite the difficulties, some valuation froth has been removed from the market, presenting potential buying opportunities. Global investors are showing interest but lack concrete…
The rupee could decline to 96-97 per dollar by the end of FY27 due to several factors. Persistent outflows from Indian financial assets and elevated crude oil prices create additional pressure. Although the Reserve Bank of India argues for potential stabilization, economists remain skeptical of this outlook. Recent foreign exchange actions indicate ongoing depreciation pressures…
Judy Hsu, the CEO of Standard Chartered, highlights the critical role of equities in retirement portfolios despite current market fluctuations. Recent trends show a notable withdrawal of funds from Indian equity markets due to global economic changes. The bank has observed a rapid rise in private credit interest among high-net-worth individuals, while entrepreneurs emerge as…
MSCI’s gauge of Asian stocks opened slightly lower with South Korea’s benchmark slipping as markets returned from a holiday, while Japanese stocks edged higher. Futures for the S&P 500 Index fell around 0.2%.
Three oil tankers linked to Iran have been gradually making their way toward the U.S. after being seized by naval forces when President Donald Trump first imposed a blockade on the regime. The Tifani and Majestic X are now off the coast of Brazil after they were boarded in the Indian Ocean in April, according…