Reseñas

Over the weekend, European Central Bank President Christine Lagarde said it was “very likely” they would raise interest rates this month to keep a lid on inflation. Australia’s central bank is expected to lift rates by 25 basis points on Tuesday.

Shareholders of Dish TV India rejected appointments of four candidates as non-executive independent directors on the company board, reducing the strength to just directors.

Besides senior professionals figuring in the high net worth individual (HNI) investor club, several Bollywood actors, cricketers, as well as high-level government functionaries put a slice of their wealth with PMS firms.

The gross purchase of domestic funds amounted to ₹1.01 lakh crore and the gross buy-to-sell ratio – a measure of underlying investment momentum – stood at 1.14, compared with a long-term average of 1.07, showed data from the Securities and Exchange Board of India.

​The Nifty supported a falling trend line extension near 17,300. After that, we witnessed a rally towards 17,600. For the time being, any fall towards 17,300 or lower levels can be used as buying opportunity. On the upside, 17,800 might be the initial hurdle, but 18,200 would be the trend Continue Reading

The Reserve Bank of India’s project to shore up foreign currency reserves would be hampered by as foreign portfolio investors offload their investments in the Indian capital markets in the hunt of better returns from US bonds, pushing the central bank to sell dollars to ease currency volatility, experts said.

“It’s clear there is more work to do,” Daly said in a speech Saturday at Princeton University in New Jersey. “In order to put this episode of high inflation behind us, further policy tightening, maintained for a longer time, will likely be necessary.”

About 80% of the foreign portfolio investor (FPI) inflows into Indian equities in February 2023 went into capital goods, services, information technology, and healthcare.

On 24th February 2023, the United States Commerce Department released the inflation data, which reported the Personal Consumption Expenditure (PCE) for Jan 2023 rising to 5.4% from the year earlier, which stood higher than expectations.

At CMS, we currently have an order book of over Rs 1,000 crore in the first 9 months of FY23. The focus is on the implementation of the order book wins, and most of our key projects in the order book are on track. Our enterprise sales strategy has played Continue Reading