
BrokerageRadar | Morgan Stanley on Suzlon Energy β Overweight, βΉ71; strong Q3, large order book, improving wind industry outlook.
BrokerageRadar | CLSA & Macquarie on MGL β CLSA: Outperform βΉ1,710; PAT beats, margin surprise. Macquarie: Outperform βΉ1,280; earnings in line, 8% volume CAGR.
BrokerageRadar | Jefferies on IGL β Buy, βΉ505; strong LNG contracts, EPS estimates raised over 50% for FY26/27E.
BrokerageRadar | Jefferies on Kaynes Tech β Buy, βΉ5,400; 38% correction creates value, 50%+ EPS CAGR expected FY25β27E.
BrokerageRadar | Jefferies on ITC β Buy, βΉ550; tax hikes manageable, price hikes to offset impact.
BrokerageRadar | Nuvama on M&M Financial β Hold, βΉ280; ECL refresh lowers credit costs, AUM growth outlook steady.
Foreign investor exodus
Foreigners have been net average sellers of Indian equities over the last four months, according to data from Indiaβs National Securities Depository, as the countryβs growth falters.
Foreign portfolio investor flows into Indian equities plunged by 99%β¦
Foreign investor exodus
Foreigners have been net average sellers of Indian equities over the last four months, according to data from Indiaβs National Securities Depository, as the countryβs growth falters.
Foreign portfolio investor flows into Indian equities plunged by 99%β¦
Foreigners remain net sellers of Indian equities, said James Thom, senior investment director at Abrdn. There has been a rotation out of India and emerging markets stocks into U.S. equities, Thom added.
βForeigners have been largely absent from the India story in the pastβ¦
βOnslaughtβ of domestic investors
In contrast with the exodus of foreign money, Indiaβs local investors have continued to pile into the Indian market, partially stemming what could have been a deeper decline in equities.
Domestic investors have funneled in around $27 billionβ¦