Foreign Portfolio Investors (FPIs) have been net sellers of Indian equities at Rs 58,711 crore in October so far, wiping out a substantial portion of the overall inflows in 2024 in just 8 sessions. The total investments by them now stand at Rs 41,899 crore versus Rs 1,00,245 crore at the end of September. In … Read more
A ‘Buy China, Sell India’ trade is getting played out in emerging markets as FIIs have sold Indian stocks worth around Rs 30,718 crores in the first 3 days of October. The sudden U-turn in FII strategy has been mainly triggered by the outperformance of Chinese stocks. “The Hang Seng index shot up by 26% … Read more
A stunning reversal in Chinese stocks from world’s worst to best performers is stoking cautious optimism that the rally will continue as long as favorable market policies remain in place. Rarely has a week gone by in 2024 without Beijing unleashing new measures to buttress the market or the economy. That policy resolve has pushed … Read more
By Abhishek Vishnoi MSCI Inc., the world’s biggest index provider, shook off concerns about the “investability” of Chinese stocks following recent Beijing’s regulatory crackdown, citing previous instances where markets rebounded in the aftermath. Regulatory compliance has weighed on China “every three, four, five years and obviously the markets have sold off at the time. But … Read more
I think capital is flowing to emerging markets and Chinese tech stocks could be the next big beneficiary of lower US dollar. Source link