India’s appeal to global fund managers is weakening amid muted corporate earnings and the lack of a major AI investment theme, pushing foreign ownership of NSE-listed companies to a 17-year low When Reed Capital Partners, a multifamily office, wanted to trim its equity exposure about a month ago, it chose to entirely exit its…
Nifty needs to reclaim and sustain above the 24,350-24,400 zone, which could increase the possibility of a further upmove towards the 24,800-25,000 zone. Until then, range-bound trading and consolidation are likely to continue, with immediate support at 24,200, followed by the key support level of 24,000. The Nifty 50 retreated after Friday’s sharp…
The buying on the counters came after the Delhi government proposed a 100 per cent exemption on road tax and registration fees for electric cars priced up to ₹30 lakh JBM Auto, Olectra Greentech, and Atul Auto shares spiked up to 18.9 per cent in trade on BSE after the Delhi government released a draft…