stock valuations

FIIs sold Indian stocks worth $1.3 billion this week. Will the sell-off deepen?

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FIIs sold Indian stocks worth .3 billion this week. Will the sell-off deepen?

Led by a confluence of global factors like sharper-than-expected weakening of the US labor market, unwinding of Yen carry trades and rising geopolitical tensions in the Middle East, FIIs withdrew $1.3 billion from the Indian stock market in the week. However, buying of around $2.2 billion worth of equities by domestic institutional investors last week … Read more

Sai Life: Sai Life looking to ride bull run on D-St, avoid PE route

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Sai Life: Sai Life looking to ride bull run on D-St, avoid PE route

Mumbai: A continuing public market rally despite high stock valuations has made the promoters of Hyderabad-based Sai Life Sciences explore an initial public offering as an alternative to their original plan of roping in a private equity investor, people in the know said. A public listing would also give an exit route to existing financial … Read more