Indian equities ‘probably oversold’: Foreign investors warm up to India after months of outflows

After months of sustained selling, foreign investors are beginning to turn more positive on India, with equities now “probably oversold”, Motilal Oswal Financial Services chairman Raamdeo Agrawal said on Saturday, even as he warned that geopolitical uncertainties and elevated oil prices continue to cloud the outlook.Speaking to news agency ANI, Agrawal said that a large…

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Bloomberg delays India’s bond index inclusion

MUMBAI: Bloomberg Index Services has delayed the inclusion of India’s sovereign bonds in its global bond indices, saying recent market reforms need more time to be tested in practice before a decision can be taken.The index provider said that while India has made meaningful progress in improving access for foreign investors, the changes are still…

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Sensex jumps over 500 points, Nifty above 24,200: Top reasons driving stock market rally

AI generated image, used only for representational purpose Dalal Street made a strong comeback on Wednesday, reversing previous session’s losses as improving tech sentiments, firmer rupee, and other geopolitical cues boosted investor confidence. BSE Sensex jumped 553 points to 77,603.57 in early trade, while NSE Nifty gained 148.15 points to 24,198.40. The recovery came a…

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Global funds fall in love with Indian stocks again; buy $1 billion in equities as foreign investors rush back

The renewed interest from foreign investors could help extend the recovery in the benchmark NSE Nifty 50 index. (AI image) Foreign investors seem to be turning bullish on Indian equities again with more than $1 billion invested in the last week. Goldman Sachs Group Inc. has projected that these overseas inflows could strengthen further as…

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₹1,432cr disbursed to 12,908 entrepreneurs in Vadodara | Vadodara News

Gujarat deputy chief minister Harsh Sanghavi inviting entrepreneuers Vadodara: Gujarat deputy chief minister Harsh Sanghavi disbursed financial assistance of Rs 1,432 crore to 12,908 entrepreneurs in the city ahead of the Vibrant Gujarat Regional Conference (VGRC).Inviting entrepreneurs to participate in the conference, Sanghavi, who handles the industries portfolio, said such regional investor meets have already…

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