Fed talk on rates, inflation may keep FIIs muted in India

Fed talk on rates, inflation may keep FIIs muted in India

MUMBAI : Foreign institutional investors (FIIs) have pumped $7.45 billion into Indian shares so far in 2021, sparking off an equity market rally, but the US Federal Open Market Committee (FOMC) review meeting on monetary policy, starting Tuesday, may alter the course. The US central bank is expected to keep key interest rates intact, but […]

This is what is keeping Indian stock markets on bull run

This is what is keeping Indian stock markets on bull run

Traders are betting India’s record-breaking stock rally still has legs, fueled by expectations of continued dovish monetary policy even as inflation fears deepen. The nation’s NSE Nifty 50 Index has more than doubled from a March 2020 low — one of the best performers in the world over the period and testing new peaks almost […]

Zomato Shares Skyrocket In India’s Stock Market

Zomato Shares Skyrocket In India’s Stock Market

Food delivery startup Zomato skyrocketed in its stock market debut in India on Friday (July 23), Reuters and other news outlets reported. Backed by Ant Group, which has a 16.53 percent stake in Zomato, the startup is India’s first unicorn and the first food delivery platform to go public in the country. Indian technology firm […]