Markets face correction if Modi’s win disappoints: Bernstein

Markets face correction if Modi’s win disappoints: Bernstein

A worker fixes flags of the ruling Bharatiya Janata Party displayed on a hoarding prior in Raipur on April 15, 2024 ahead of the country’s upcoming general elections. Idrees Mohammed | Afp | Getty Images India’s stock markets started the year in record-high territory, much of it supported by pre-election optimism — but as the … Read more

China and Hong Kong sold off nearly $5 trillion, worth more than India’s stock market

China and Hong Kong sold off nearly  trillion, worth more than India’s stock market

MUMBAI, MAHARASHTRA, INDIA – 2024/02/01: A circular metal emblem with words ‘This sign indicates buying of shares’ is seen near the pavement of a street near Bombay Stock Exchange (BSE) in Mumbai. Sopa Images | Lightrocket | Getty Images Stocks in China and Hong Kong sold off a massive $4.8 trillion in market capitalization since … Read more

Larry Fink says India’s love for gold has done little for its economy

Larry Fink says India’s love for gold has done little for its economy

Fancy anklets at an upscale jewellery shop in Thiruvananthapuram (Trivandrum), Kerala, India Nurphoto | Nurphoto | Getty Images India’s fondness for gold has neither benefited its economy nor generated decent returns for investors, BlackRock Founder and Chairman Larry Fink said in his annual letter to shareholders of the world’s largest asset manager. “When I visited … Read more

Indian bonds are to be included in global indexes. Is this a gamechanger?

Indian bonds are to be included in global indexes. Is this a gamechanger?

An undated editorial illustration of the Indian rupee and the Indian flag. Anand Purohit | Moment | Getty Images The decision to include Indian government bonds in two prominent global indexes recently is being viewed as a shot in the arm for the rapidly growing country and is expected to bring in billions of inflows. … Read more

India set to be world’s third largest economy in 2027: finance ministry

India set to be world’s third largest economy in 2027: finance ministry

A pedestrian speaks on a mobile phone as he watches a digital screen relaying the budget speech by Indian Finance Minister Nirmala Sitharaman on the facade of the Bombay Stock Exchange (BSE) in Mumbai on February 1, 2021. PUNIT PARANJPE | AFP via Getty Images India could become the world’s third-largest economy by 2027 with … Read more

JPMorgan says India is its No. 1 market in Asia and a favorite globally

JPMorgan says India is its No. 1 market in Asia and a favorite globally

The Indian markets have made tremendous gains since the beginning of the year, with both the Nifty 50 and BSE Sensex hitting record highs on Monday. Bloomberg | Bloomberg | Getty Images India is JPMorgan’s top pick in Asia, and one of its favorite markets globally, the investment bank’s Asian Equity Strategist Mixo Das told … Read more

Indian markets ‘priced to perfection,’ not much upside ahead of elections

Indian markets ‘priced to perfection,’ not much upside ahead of elections

Indian equity benchmarks the Nifty 50 and BSE Sensex have rallied by more than 6% since the state elections. Sopa Images | Lightrocket | Getty Images The Indian stock markets rallied to new highs in 2023 on the back of bullish investors and stronger domestic participation. But analysts warn that the level of optimism seen … Read more

Asia’s likely top-performers in first half of 2024

Asia’s likely top-performers in first half of 2024

Japan’s Nikkei 225 has been the top performer this year, among large economy stock indexes in Asia and many believe that stocks in the region have more room to run in 2024. Marco Bottigelli | Moment | Getty Images Asia-Pacific markets rose to new highs in 2023, with Japan’s Nikkei 225 emerging as the top-performing … Read more

Hawkish Fed minutes chill markets further

Hawkish Fed minutes chill markets further

The Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Thursday, Dec. 28, 2023. Valerie Plesch | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more