Foreign portfolio investors (FPIs) have withdrawn â‚ą64,156 crore from the Indian equities market so far in January 2025, in an unabated exodus amid Rupee depreciation, rise in United States bond yields and expectations of an overall tepid earnings season, according to a PTI report. The selling shows a reversal in investor sentiments since December 2024,…
Mumbai: Donald Trump’s sabre-rattling before and after his swearing-in sent the Indian markets scurrying for cover on Tuesday, with benchmarks Nifty 50 and S&P BSE Sensex tumbling to their respective seven-month lows. Investors were already in a sombre mood, thanks to sluggish corporate earnings, foreign investor sell-offs, and pre-budget jitters. The uncertainty sparked by the…
Shriram Finance, one of India’s biggest non-banking financial companies (NBFCs), plans to raise up to $1.5 billion from foreign investors in the financial year 2024-25 to diversify its borrowings, news agency Reuters reported, quoting the company’s Chief Executive Officer and Managing Director YS Chakravarti. “We are targeting to raise anywhere between $1.25 billion to $1.5…
