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India FII inflow: India 'best story' in Asia, may see a bigger deluge of FII money


MUMBAI: The Indian equity market has seen net foreign portfolio inflows of $5.2 billion in January and February so far, which is already one-fourth of what it received in all of 2020.
The foreign inflows are just getting started, believe money managers, as there is increased acknowledgment that the Indian economy is now the best place to be in Asia.
“India looks much better positioned cyclically and relative to the pandemic time,” brokerage firm Credit Suisse said in a note on Tuesday. Credit Suisse upgraded its stance on the Indian equity market to ‘overweight’ from ‘market weight’ earlier, as it believes the country is in a sweet spot compared with other Asian economies. ....

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India is Asia's best post-Covid story: Jefferies equity head

India Business News: The global head of equity strategy for international broking house Jefferies, Christopher Wood, has said that India was the best post-Covid recovery s ....

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Chris Wood: Break the bank to buy Bitcoin on any pullback

Bitcoin again grabbed headlines this week after Elon Musk-owned electric carmaker Tesla announced that it had converted $1.5 billion of its cash holding into Bitcoin and will accept the cryptocurrency as payment for its products in the future. ....

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