Posts in category All News
FPIs put Rs 7.9K cr in equities in July, investment over Rs 1 trn in 2024 (07-07-2024)
Foreign investors infused over Rs 7,900 crore in Indian equities in the first week of the month amid a healthy economic and earnings growth momentum.
With this, total FPI investment in equities reached Rs 1.16 lakh crore so far this year, data with the depositories showed.
Going forward, the Union Budget and Q1 FY25 earnings could determine the sustainability of FPI flows, experts said.
According to the data, foreign portfolio investors (FPIs) have made a net inflow of Rs 7,962 crore in equities so far this month (till July 5).
This came following an inflow of Rs 26,565 crore in equities in June, driven by political stability and a sharp rebound in markets.
Before that, FPIs withdrew Rs 25,586 crore in May on poll jitters and over Rs 8,700 crore in April on concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields.
Some funds were probably waiting on the sidelines for the election event to be over, Milind Muchhala, Executive Director, Juliu
How balanced is the surplus Balance of Payments! (07-07-2024)
RBI's BoP data shows a $5.7 billion surplus for March 2024, driven by service exports and $107 billion remittances. It reverses an $8.7 billion deficit. Fiscal year's deficit is $23.3 billion. Merchandise trade deficit narrowed. Despite the surplus, net FDI flows dropped, and rupee appreciation is unlikely. Global Captive Centers indicate services expansion, but domestic manufacturing growth remains subdued.
DIY Momentum QnA and Discussion (07-07-2024)
thank you sir,
however, am not sure i understood your point - am only talking about a smallcap momentum portfolio - say 25 stocks out of the nifty 250 small cap index - will this portfolio not be able to beat the smallcap 250 index in a bull market as well?
TII is added to Marcellus’ CCP (07-07-2024)
TII has competitive advantages in its various businesses & delivered 19% CAGR in EBIT & 25% CAGR in PAT over FY19-24. ROCE/ROIC is 21%/25%. It holds 58% of CG Power. Over past 5 years, CG power’s Op profits have quadrupled. TII is added to Marcellus’ CCP https://rakesh-jhunjhunwala.in/tube-investment-of-india-is-an-enterprising-compounder-recently-added-to-marcellus-ccp-saurabh-mukherjea/...
TII is added to Marcellus’ CCP
TII is added to Marcellus’ CCP
Voldemort’s Portfolio (07-07-2024)
My Avg price in MM is 1600ish. Bought as a long-term investment with return expectations pinned on the growing alcohol consumption, Normalization in society, brand value. Also, I bought it in a bearable valuation which was not happening with other mainstream stocks.
Bansal Wire IPO share allotment expected soon. Check status, GMP, listing date and other details (07-07-2024)
Bansal Wire's IPO saw strong interest with 58 times subscription. Share allotment to be finalized on Monday. Company is the largest stainless steel wire manufacturer in India, catering to various sectors. Unlisted shares trading at a premium of Rs 76.
Mcap: 8 of top-10 most-valued firms jumps ₹1.83 lakh cr; TCS, Infosys biggest gainers (07-07-2024)
Reliance Industries remained the most valued firm followed by TCS, HDFC Bank, ICICI Bank, Bharti Airtel, SBI, Infosys, LIC, Hindustan Unilever, and ITC.