Star Mountain Capital adds to secondaries team
Ravi Ugale has joined as a Managing Director and member of the firm’s investment committee for its secondaries strategies.
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Ravi Ugale has joined as a Managing Director and member of the firm’s investment committee for its secondaries strategies.
Foreign investors have adopted a cautious approach this month in the Indian markets, offloading domestic equities worth Rs 13,000 crore in the first three
Get latest articles and stories on Latest News at LatestLY. Foreign investors have adopted a cautious approach this month, offloading domestic equities worth Rs 13,000 crore in the first three weeks owing to high valuations of Indian stocks and surging US bond yields. Latest News | FPIs Turn Cautious, Pull out Rs 13,000 Cr from Indian Stocks in Jan.
According to the data, foreign portfolio investors made a net withdrawal of Rs 13,047 crore in Indian equities this month (till January 19)
The announcement by JP Morgan Chase & Co. in September that it will add Indian government bonds to its benchmark emerging market index from June next year has influenced the inflow in the country’s bond markets in the past few months.