Mutual funds have invested nearly Rs 94,500 crore in equities thus far in CY17, compared to Rs 32,000 crore in the year ago period, at a time when foreign investors have turned net sellers of India since August.
'Like Nehru, too, Modi has found dealing with Beijing more and more difficult and has adopted an increasingly assertive approach towards managing India's northern neighbour.'
The broader NSE Nifty reclaimed the key 10,000-mark and touched a high of 10,143.50 before finally settling at 10,130.65
It could be a matter of concern that foreign shareholders of the NSE are registered in tax havens such as Mauritius and Cyprus.
Among the Sensex pack, Yes Bank, L&T, HDFC, RIL, HDFC Bank, PowerGrid and Coal India were the biggest losers -- falling up to 2.43 per cent.
'This novel format of diplomacy -- the informal summit -- will not only facilitate bilateral communication and reduce miscalculations at the very top level of the two governments, but possibly open the space for China and India to speak in one voice on various issues of mutual concern,' note Feng Renjie and Ding Kun Lei
Asian shares ended higher after a string of positive US economic data.
Bulls of the Dalal Street once again managed to breach the 12,000-mark on Thursday, but the latest drive to this once-beaten milestone had less of foreign support that the Indian equity market has been getting through FII inflows.
It won't be an easy ride for the markets, reckon experts, considering the multiple state elections in 2018 and general elections next year.
In a significant relaxations on Wednesday, the Securities and Exchange Board of India changed pricing rules for qualified institutional placements in view of rising market volatility, and reduced the timeline of rights issues. But the market regulator did not change, as widely expected, the guidelines for participatory notes, derivative instruments, through which many foreign investors trade on the Indian bourses.
Inflation is down and there's every chance that crude prices will be subdued through the next year.
Foreign portfolio investors, on the other hand, have been net sellers in the markethaving pulled out Rs 8,600 crore
After a volatile session, Sensex closed the day 563 points lower
Metal stocks were trading under pressure while IT, auto, realty stocks gained in today's deals
The biggest losers in the Sensex pack were M&M, ONGC, Vedanta, Tata Steel, L&T, HDFC, NTPC and Axis Bank, falling up to 3.04 per cent.
High retail concentration in small companies; many left to fend for themselves in penny stocks
You may be popular initially because of politics and ideology but if the economy slows down, you will be losing your popularity: Nouriel Roubini.
Perhaps one aspect of the way modern media particularly print and news television works need some soul-searching: Their tendency to "frame" news stories as a conflict between two personalities, says Ajit Balakrishnan.
Sebi has put in place a strong deterrence to check any misuse of participatory notes.
'President-elect Biden, in particular, has deep knowledge of, and experience with, dealing with India, serving as a custodian and champion of the relationship long before it was fashionable to do so.'
In New York, the dollar fell against the British pound on Wednesday after the Bank of England raised its projections for UK growth in 2014. However, analysts warned that gains against the dollar could be limited.
'At this point, it does not appear to be a Lehman Brothers kind of crisis, which had a domino effect on the financial system.'
Institutional investors - both foreign and domestic - lapped up the government's big-ticket share sales on Friday, helping it add nearly Rs 9,000 crore to its revenue kitty.
On the eve of the crucial Nuclear Suppliers Group meeting in Seoul over India and Pakistan's membership in the elite group, Pakistan's former permanent representative at the United Nations in Geneva Zamir Akram has said that Islamabad was only opposed to the "exclusive membership" of India.
To be sure, this is not some stunning new revelation that our equity markets are beholden to foreign flows.
Financial shares were among the top Sensex gainers along with auto and pharma shares.
'What Jaishankar says is simplistic.' 'The past does not matter that much.' 'If we think that it does it is because we are not good enough at running the nation competently today and are searching for excuses why,' argues Aakar Patel.
Among Sensex constituents, HCL Tech suffered the most by diving 2.26 per cent, followed by HDFC shedding 2.10 per cent.
In a bid to further deepen ties with India, Australia is looking forward to welcome Prime Minister Narendra Modi when he is expected to attend the G20 Summit in Brisbane.
It could be a tough week In the run-up to such an event, the market is always nervous.
The growth premium India enjoyed has largely been lost.
The founding members of The E-Commerce Council of India include Snapdeal, ShopClues, UrbanClap, Shop101, Flyrobe and Fynd, among others.
The partially convertible rupee closed at 61.31/32 per dollar, unchanged from its Tuesday close.
Top gainers in the Sensex pack were TCS, Bharti Airtel, Infosys, Axis Bank, L&T, ITC, PowerGrid, HCL Tech and Tata Steel, ending up to 2.39 per cent.
'This will be the first open university in Kerala and it is a great tribute to Gurudevan by the helmsman of the Communist movement in Kerala,' observes Ambassador M K Bhadrakumar.
In the next two years, invest in leading companies in key sectors and buy more when prices fall further.
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