The Nifty 50 is up 13% in the last six months – the highest among major indices, while the currency adjusted return stood at 4% – one of leading in the EM space. Synopsis The six-month rolling cumulative inflow of FPIs has turned positive for the first time in a year at ₹34,539 crore ($4.14 … Read more
The writer is chief Asia economist at Morgan Stanley If there were a constant in the ever-changing world of investing, it would be investors’ continuing search for the next big thing. Over the past 20 years, and from a macro standpoint, that story has been about China. The unprecedented nature of its economic success led … Read more
iridi Investment Thesis SiTime Corporation (NASDAQ:SITM) is expanding its revenue line in the IoT automotive end market where it can use its precision timing solutions to create faster, smaller, and better solutions for smart vehicles. The main growth drivers of the stock are: Having more design wins in its third quarter results Its position of … Read more
Since last Diwali, the Indian equity markets have delivered an impressive performance. On the other hand, most key global indices, such as the US S&P 500 and the FTSE Emerging Market index, declined more than 20%, indicating that they are hovering in a bear market territory. The US Tech index Nasdaq, too, is down by … Read more
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“I would still say that the risk is in sitting it out but unlike 2021 this is not a market where everything will go up so be choosy about sectors about companies but be invested,” says Devina Mehra, Chairperson, MD & Founder, First Global How much is the role of skill and how much is … Read more
In that same period (Jan-mid Oct), the DJIA (USD denominated) has lost 17.5 per cent, and the Frankfurt DAX has lost 21.7 per cent (Euro-denominated) and London’s FTSE (GBP denominated) has lost 7.8 per cent. Among large emerging markets, Shanghai Composite has lost 14.9 per cent (RMB denominated). The comparative outperformance, or defensive strength of … Read more
While the performance of two-wheeler stocks is anything but healthy, one stock that has managed to preserve investor wealth is TVS Motor. Against a backdrop of 23 per cent plunge in Hero MotoCorp and an 18 per cent drop in Bajaj Auto shares, the scrip has delivered a positive return of 1 per cent in … Read more
Earlier last week in the September 2022 meeting Fed raised rates by 75 bp in an effort to curb inflation. Photo : ET Now Bureau The Dollar index is at its highest level in more than 20 years—and risk assets are feeling the pain of the same. The dollar index, a financial instrument that measures … Read more