Premium Representative image | Photo: Bloomberg Hong Kong has regained its spot as the world’s fourth-largest market following a broad market rout in Indian equities. Currently, the Chinese territory’s market capitalisation stands at $4.9 trillion versus India’s $4.75 trillion, as per data compiled by Bloomberg. In January, the domestic equity markets’ market capitalisation… Continue reading Hong Kong regains fourth-largest market spot after rout in Indian equities | News on Markets
Tag: equities
Jinesh Gopani quits Axis MF; Shreyas Devalkar to head of equities
Jinesh Gopani, Former-Head of equity, Axis Mutual Fund Jinesh Gopani has quit Axis Mutual Fund (MF) as its head of equities after a 14-year long stint with the fund house. Axis MF has promoted fund manager Shreyas Devalkar to fill up the vacated position. Gopani headed the equity investment team at the fund… Continue reading Jinesh Gopani quits Axis MF; Shreyas Devalkar to head of equities
FPIs’ buying spree continues; invest Rs 45,365 cr in equities in July
Foreign portfolio investors (FPIs) continue with their buying spree in July with a net infusion of Rs 45,365 crore in Indian equity markets on stable macroeconomic fundamentals and steady earnings growth. However, it appears that the momentum of buying has slowed down and FPIs have turned sellers during the two trading days ahead… Continue reading FPIs’ buying spree continues; invest Rs 45,365 cr in equities in July