Reseñas

This growth is underpinned by the ‘Triple Multiplier Effect’ – the confluence of rising High Networth Individuals (HNI) investors, asset appreciation, and savings from incremental growth in income.

For Indian pharmaceutical companies, this scenario presents a distinct opportunity. Leveraging their established expertise and leadership in global COVID-19 vaccine distribution, along with robust supply chain efficiencies, Indian firms are strategically positioned to capitalize on this market shift. The departure of Chinese players from the market opens a significant gap, Continue Reading

Rama Steel Tubes was the top gainer in the smallcap pack with nearly 60% return, followed by Refex Industries (32.3%), Kitex Garments (27%), and 63 Moons Technologies (26%).

​Looking at the near-term structure, if we sustain below to 25,000 level, yes, possibly we could see furthermore supply pressure in the continuation of this down move.

Over the past two weeks, long-standing China bulls UBS Global Wealth Management, Nomura Holdings Inc., and JPMorgan Chase & Co. have all downgraded the country’s equities, citing concerns ranging from the property-led demand slump to piecemeal stimulus measures and geopolitical tensions ahead of the US elections.

The fund house mentioned that, “At quant, we are today acknowledging our emotional connection with our stakeholders, which is pouring forth in a big way as we put a marker down, with over 81 million of our unique investors, on a unique landmark within just a few years.”

China’s central bank has paused its gold purchases for the fourth consecutive month in August, with holdings remaining at 72.8 million fine troy ounces. Despite this, the value of these reserves increased to $182.98 billion due to rising gold prices driven by geopolitical and economic uncertainties.

Uncertainty over the U.S. economy’s health is affecting markets, with investors concerned about Federal Reserve policy shifts, a tight U.S. election, and high valuations. Recent jobs data suggests a slowing labor market, raising fears of economic pressure from elevated borrowing costs. The S&P 500 dropped 1.7% on Friday, highlighting market Continue Reading

India’s forex reserves have risen for the third consecutive week, driven by strong dollar inflows. The reserves increased by $13.9 billion over three weeks, with a notable $5.5 billion inflow on August 30 due to MSCI rebalancing. Foreign currency assets rose by $1.49 billion to $599 billion, and gold reserves Continue Reading

The Mumbai-based startup is also talking to domestic investment banks for a potential listing of shares by August next year, one of the people said. Swiggy, the parent of Zepto’s rival Instamart, is also readying to hit the public market later this year with a $1.25 billion IPO. Its other Continue Reading