The GDP data “is a game-changer” for the RBI’s meeting on Friday. A hiccup in India’s world-beating economic growth may exacerbate near-term weakness in stocks, according to strategists. The economy expanded at the slowest pace in almost two years in the September quarter, data Friday showed. Market participants expect a pickup in growth in the…
File photo: Donald Trump Chinese President Xi Jinping. Donald Trump’s election victory is seen changing the course of near-term money flows for three of Asia’s largest equity markets as tariff risks loom large over Chinese assets.Market watchers see the possibility of funds flowing into India and Japan while investors assess Trump’s anti-China stance, with the…
Stock market today: Indian stock markets ended a five-day losing streak on Monday as upbeat quarterly results from ICICI Bank and other lenders powered gains in banking stocks, despite ongoing foreign selling and lackluster corporate earnings. The BSE Sensex climbed 0.76 per cent or 602.75 points to close at 80,005.04, while the Nifty50 rose 0.65…
As the market’s focus shifts from momentum to quality and FII outflows persist, the trading strategy has changed from buying on dips to selling on rallies. No fireworks from Sensex this Diwali! The Indian stock market has been experiencing a significant downturn, with the Nifty falling nearly 6% and the Sensex losing over 4,800 points…
India’s record stock rally is already showing signs of fatigue. Goldman Sachs Group Inc tactically lowered Indian equities to neutral from overweight as slowing economic growth dents the outlook for corporate earnings.“While we believe the structural positive case for India remains intact, economic growth is cyclically slowing down across many pockets,” strategists including Sunil Koul…
The Indian equity benchmark indices, BSE Sensex and Nifty50, experienced notable declines on Tuesday, driven largely by major stocks like Reliance Industries and HDFC Bank. The Sensex fell 930.55 points, closing at 80,220.72, while the Nifty50 dropped 309 points to finish at 24,472.10. The rupee also weakened against the US dollar, hitting its lowest-ever closing…
CLSA believes that China presents the most significant self-help opportunity among emerging markets. (AI image) India vs China stock markets: The Chinese government’s aggressive measures to revive its markets and economy have captured the attention of foreign investors. Global brokerage firm CLSA has increased its exposure to China, reducing its overweight position in Indian equities…
