“We think that the FIIs selling is happening in India only. Actually, if you see figures across the board, you will see that it is happening across emerging markets,” says Sandip Sabharwal, asksandipsabharwal.com.There was a fear, there was anxiety, there was curiosity in the market yesterday that what essentially will come out from Prime Minister … Read more
Central banks from Brazil to Indonesia scrambled to defend their struggling currencies on Thursday, hours after the Federal Reserve jolted markets by indicating it may not cut rates by much next year. The Fed’s tacit acknowledgement of the inflationary risks likely to come from incoming president Donald Trump’s immigration and trade policies unnerved investors. U.S. … Read more
The US 10-year bond yields could cross 5% once again if the US government’s fiscal deficit widens further, said Sonal Desai, chief investment officer of Franklin Templeton Fixed Income. In an interview with Nishanth Vasudevan, Desai, who oversees $211 billion of assets under management globally, spoke about what’s in store in 2025, US bond yields, … Read more
Stocks in Asia saw a muted open after Donald Trump’s tariff plan roiled emerging markets in the previous session. Equities opened higher in Sydney, while dipping in Tokyo and Seoul. US equity futures were little changed after the S&P 500 rose for a seventh day to notch its 52nd record this year. A Bloomberg gauge … Read more
Mark Mobius, Chairman, Mobius Emerging Opportunities Fund, says in equities, they would be investing at least 20-30% in India, 20-30% in Taiwan, maybe 10% in China, 10% in Korea, and then the rest scattered around Vietnam, Thailand, Indonesia, Malaysia, Turkey, and a little bit in Brazil. The US is there, but it is reflected in … Read more
With just a session left for September to end, so far Foreign Portfolio Investors (FPIs) have been net buyers of Indian equities at Rs 57,359 crore. The total investments by them now stand at Rs 1,00,245 crore on the year-to-date basis and is highest in nine months. In August, FPIs bought domestic shares worth Rs … Read more
“If I look at, let us say, the Sensex or Nifty, they are trading at about 24 times one year forward PE, 15% to 20% higher than the long-term averages. In the small and in midcaps, the valuations are much more egregious,” says Manishi Raychaudhuri, Veteran Investor.What could be really the red flags out there … Read more
Foreign Portfolio Investors (FPIs) invested a total of Rs 9,642 crores in equity through exchanges and an additional Rs 1,388 crores in the ‘primary market and others’ category in early September. The FPIs showed strong interest in the Indian market, reflecting its resilience amid global uncertainties. “The latest jobs data in the US indicates slowing … Read more
Just as enthusiasm over artificial intelligence and China’s stimulus fades, a familiar weakness has come back to haunt equity investors in emerging markets: sinking corporate profits. With 96% of companies in the MSCI Emerging Markets Index done with their quarterly results, the earnings season is almost over. And the picture isn’t pretty — Almost half … Read more
Investment group Milltrust International has appointed Narnolia Financial Services as the exclusive New India manager on its Cayman Island-based Global Emerging Markets Platform. The platform aims to enhance access to emerging markets opportunities through local insights and expertise. Narnolia Financial Services, having been awarded by BSE and affiliates as the second larget Investment advisor and … Read more