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In the past month, financials and industrials have borne the brunt of the ongoing risk-aversion trade prompted by Foreign Portfolio Investor (FPI) selling, with indications pointing towards a continuation of this trend. Foreign investors’ over-ownership in financials, coupled with substantial […]
In recent days, India’s stock market index has experienced a nearly 5% decline, mirroring the jitteriness in global markets due to the escalating Israel-Hamas conflict. The downturn in emerging market stock indices, ongoing for about 12 weeks, intensified with concerns […]
India stood with Canada in an attempt to amend a United Nations resolution, seeking condemnation of Hamas attacks. Unfortunately, the amendment did not garner the necessary majority. In the UN session on Friday, India chose to abstain from voting on […]