Business Samachar

volatility continues in Dalal Street FIIs sold equities worth Rs 4,498.92 cr. posted by NILESH WAGHELA Mmbai: Amid the continuing volatility in the stock markets, for which the ongoing Lok Sabha elections are among the contributing factors, Union Home Minister Amit Shah appeared to be predicting that the markets will witness a major bull run post the election results.Shah, when asked about the recent stock market correction and the rumours that Dalal Street is responding to the possible poor performance of the BJP, had suggested that after June 4, when the Lok Sabha results are announced, the markets will shoot up.  "Stock market crashes should not be linked with elections, but even if such a rumour has been spread, I suggest that you buy (shares) before June 4. It will shoot up," the home minister was quoted as saying. However, high volatility was seen on Monday as well, with Sensex declining 798.46 points or 1.09 per cent to hit a low of 71,866.01 in day trade, only to make...

FII investment jumps six times Institutional investments in alternatives cross USD2.0Bn in 5 years  foreign investments rise 6X since 2019 ·         Share of alternatives in total investments rose from 3% in 2019, to 18% in 2022 ·         Foreign investments accounted for 78% of the total investments in the sector ·         Data centers received USD1Bn of inflows since 2019, 51% of total investments in alternatives Mumbai:  Alternative assets in India received cumulative investments of about USD2.0Bn during the last 4-5 years (2019-H1 2023), led by foreign investors. Foreign investments accounted for 78% of the total investments in the segment, as investors continued to seek newer markets and newer avenues segments to diversify their asset portfolio while enhancing risk adjusted returns. Institutional investors who were primarily focused on core asset classes have been buil...

Sensex at new High,    What fuels the Market?  Posted by : NILESH WAGHELA Mumbai: Stock market with full bullish mood kept rally continue for third session.  FIi buying is the key reason for this rally. Let's check what expert stamps the reasons.  IT and auto stocks helped India's benchmark indexes hit fresh record highs on Friday, after robust economic data from the United States eased fears of a slowdown and improved broader sentiment. The Nifty 50 rose as much as 1.21% to hit an all-time high of 19,201.70, before closing at 19,189.05. The S&P BSE Sensex also gained 1.26% to settle at a fresh record of 64,718.56. The Nifty 50 has risen over 10.5% in the three months ended June 30, its best performance since the September quarter of 2021. The benchmark also logged its best week in over 11 months and extended gains for the fourth month in a row. Analysts cited strong foreign inflows, cooling inflation, and steady corporate earnings growth as key reasons for ...