Mumbai: Overseas investors bought Indian equities worth ₹32,779 crore across 17 sectors in the first 15 days of September, according to data from NSDL. Financial services received the highest inflows as Foreign Portfolio Investors (FPIs) pumped ₹12,253 crore into the sector in the first-half of September, after selling a similar amount in August. Nifty Bank … Read more
“Value stocks are poised to lead the next leg of the rally. Their undervalued valuations, potential economic rebound, and favorable interest rate environment make them attractive investments,” says Sonam Srivastava, Founder and Fund Manager at Wright Research. In an interview with ETMarkets, Srivastava said: “While growth stocks may also experience a resurgence, the current market … Read more
Mumbai: Stocks belonging to sectors such as fast-moving consumer goods (FMCG), agriculture, automobiles – especially two-wheelers and tractors – retail and hotels are likely to be in focus in the next few months, as the India Meteorological Department (IMD) has forecast an above-normal monsoon. Sufficient rainfall in the June-September season can lead to faster growth … Read more
Maruti Suzuki, Hyundai Motor, Tata Motors and Renault India posted the highest-ever share of sales from rural markets in calendar year 2023 amid improved consumer sentiments and better liquidity among the rural rich. However, inflationary pressures weighed on rural demand for fast-moving consumer goods and consumer durables. While the share of rural sales at Maruti … Read more
