kospi

$4 billion-FII retreat turns Nifty into world’s worst performing stock index

by
billion-FII retreat turns Nifty into world’s worst performing stock index

NEW DELHI: After being a rare oasis among all major troubled stock markets in 2022, Nifty is decoupling once again in 2023 but in reverse mode. As most major markets try to regain lost ground this year, India’s heartbeat index has turned into the worst performer with foreign institutional investors or FIIs dumping Indian stocks … Read more

Asian shares track Wall Street losses ahead of U.S. inflation data

by
Asian shares track Wall Street losses ahead of U.S. inflation data

Asian shares fell and the dollar steadied on Wednesday as investors waited for a key U.S. report on inflation to provide hints to the Federal Reserve‘s plans for future monetary tightening. The Consumer Price Index (CPI) report will be released later today, with markets watching for signs that inflation eased in July despite last week’s … Read more