FPIs unleash turbulence with Rs 21,000 cr weekly selloff in sudden shift

FPIs unleash turbulence with Rs 21,000 cr weekly selloff in sudden shift

After months of buying, foreign portfolio investors are turning a blind eye to Indian equities in the month of January amid concerns over high valuations and uncertainty around global interest rates trajectory. In the week gone by, FPIs net sold shares worth over Rs 21,000 crore, signalling a sudden shift in the strategy. So far … Read more

How Kotak Equities tweaked its largecap portfolio

How Kotak Equities tweaked its largecap portfolio

Brokerage Kotak Institutional Equities has increased its weight on consumer plays Britannia Industries and Godrej Consumer Products (GCPL) as it tweaked its largecap portfolio while lowering weightage for Macrotech Developers, even as the domestic brokerage remains positive on the residential real estate space. Kotak has increased weights by 20 bps on Britannia Industries and GCPL … Read more

BSE to discontinue stop loss orders across market segments from Oct 9; will it impact traders?

BSE to discontinue stop loss orders across market segments from Oct 9; will it impact traders?

BSE will discontinue stop loss orders with market condition across equity cash and derivatives segment, currency derivatives, and commodity derivatives with effect from October 9. Such a move has been taken by the exchange as a measure to prevent erroneous order placement, the exchange said in a circular late Thursday. “It’s a step in the … Read more

Business News LIVE Today: Latest Business News, Share Market News, Economy & Finance News | Moneycontrol

Business News LIVE Today: Latest Business News, Share Market News, Economy & Finance News | Moneycontrol

The Supreme Court had last week ordered a forensic audit of the share sale of Fortis Healthcare to IHH Healthcare executed in 2018, in a contempt case filed by Japanese firm Daiichi Sankyo Company Ltd against the former promoters of Fortis, Singh brothers — Malvinder and Shivinder, and others. Source link

Business News LIVE Today: Latest Business News, Share Market News, Economy & Finance News | Moneycontrol

Business News LIVE Today: Latest Business News, Share Market News, Economy & Finance News | Moneycontrol

LinkedIn’s algorithmic experiments may come as a surprise to millions of people because the company did not inform users that the tests were underway. And while intended to improve how the platform worked for members, it could have affected some people’s livelihoods Source link