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After months of outflows, FIIs have turned net buyers in October, investing over Rs 3,000 crore in just seven sessions. The shift to inflows has lifted Sensex and Nifty by about 3%, reflecting improved sentiment amid easing India–US trade tensions and supportive domestic policies.
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On Thursday morning, Indian government bonds experienced a surprising downturn as traders opted to lock in profits. This dip followed the release of the Reserve Bank of India’s latest meeting minutes, which hinted at possible future interest rate cuts. With inflationary pressures easing, the market is buzzing with speculation about a potential rate cut in December.
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Canara Robeco Asset Management Company shares surged over 12% on Thursday after a strong listing, trading significantly above its issue price. Analysts are optimistic about its growth prospects, citing strong equity market performance and the company’s well-positioned business model. Investors are advised to book partial profits while holding the remainder for long-term gains.
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Canara Robeco Asset Management Company shares surged over 12% on Thursday after a strong listing, trading significantly above its issue price. Analysts are optimistic about its growth prospects, citing strong equity market performance and the company’s well-positioned business model. Investors are advised to book partial profits while holding the remainder for long-term gains.
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Duroflex, a prominent name in the Indian mattress industry, is set to take a bold step as it readies for its initial public offering. This strategic move aims to raise capital through a combination of new share issues and offerings from current investors.
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