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Us a bit of support. A little bit of strength on the yen. The bank of japans yield curve control may not impact the markets which some are expecting, so do not expect any great strength. Crude oil, and opec meeting coming up. Yvonne you have the dollar sinking the most in two months so there was this fed commentary about how it looks like what the fund is leaning towards is a positive or a skip in june. That is helping lift overall the risk move. Even china, you take a look at the rally we are seeing in the hang seng. The extreme bearishness is coming off a little bit now. Rishaad yesterday if we wanted to go to the advice of the hang seng in 2018, you would need to have an 18 improvement. But ecb inflation. Christine lagarde has a bit more wiggle room, came in at 6. 1 inflation. Compared with pakistan yesterday, 37. 97 . Yvonne yikes. But the euro story will be interesting. If they are also close to a positive we heard from some of the ecb officials that may be the next few hikes are ....
India Business News: Vodafone Idea's Rs 18,000 crore follow-on public offer (FPO), the largest in India's history, was fully subscribed on the third day. Global institutional investors like GQG, Capital Group, and Fidelity Investments showed high interest in the telecom company. The section for qualified institutional buyers (QIBs) was subscribed 1.23 times, non-institutional investors (NIIs) 1.93 times, and the retail segment 42%. ....
Adani Green Energy: GQG Partners EM Equity Fund owned 2,52,68,107 shares or 1.60 per cent stake in the company as of March 31. This was higher than 2,28,63,951 shares or 1.44 per cent stake that it held in the December quarter. ....
Adani stocks: GQG Partners had stakes in six Adani firms namely Adani Energy Solutions Ltd, Adani Enterprises Ltd, Adani Green Energy Ltd, Adani Ports & Special Economic Zone Ltd, Adani Power Ltd and Ambuja Cements Ltd. ....
Despite initial challenges, Adani Group s stocks saw significant growth post the Hindenburg report. Investments by GQG Partners, under Rajiv Jain s lead, doubled in value. The group s strategic decisions and market developments fueled this remarkable recovery. ....