Page 14 - Wright Research News Today

Tata Motors shares zoomed 4.17% to Rs 537.15 against the close of Rs 515.65 in the previous session. In the current session, Tata Motors stock opened at Rs 525 on BSE.

SEBI is contemplating such a move given that higher-cost active schemes have underperformed, while lower-cost passive schemes have outperformed. But the jury is out on whether this will help.

With this, FPIs have taken out Rs 14,580 crore from equities in 2023 so far and invested Rs 4,268 crore in the debt markets during the period.

According to data from the depositories, FPIs started the current financial year on a positive note, and invested Rs 11,630 crore in Indian equities in April.

The stability of the Indian economy compared to other emerging markets and reasonable valuations may continue to attract FPIs to Indian equities.

Foreign portfolio investors (FPIs) infused Rs 11,630 crore in the Indian equity markets in April on the reasonable valuation of stocks and appreciation in the rupee. This came after FPIs infused a net sum of Rs 7,936 crore in equities in March, mainly driven by bulk investment in the Adani Group companies by the US-based GQG Partners. However, if one adjusts for the investments of GQG in Adani Group, the net flow was negative.

India’s Orios Venture Partners is targeting a total corpus of $120 million for its latest fund as it looks to ramp up investments in early-stage startups.

Nifty Bank breached its recent swing high of 41,850 and has been able to sustain above this mark with ease, say experts

The MPC also maintained the withdrawal of accommodation stance, highlighting its readiness to act should the situation so warrant.

Since May last year, the central bank has increased the rate by 250 bps over inflation concerns. This is contrast to what many economists had predicted.