BrokerageRadar | Morgan Stanley on Suzlon Energy โ Overweight, โน71; strong Q3, large order book, improving wind industry outlook.
BrokerageRadar | CLSA & Macquarie on MGL โ CLSA: Outperform โน1,710; PAT beats, margin surprise. Macquarie: Outperform โน1,280; earnings in line, 8% volume CAGR.
BrokerageRadar | Jefferies on IGL โ Buy, โน505; strong LNG contracts, EPS estimates raised over 50% for FY26/27E.
BrokerageRadar | Jefferies on Kaynes Tech โ Buy, โน5,400; 38% correction creates value, 50%+ EPS CAGR expected FY25โ27E.
BrokerageRadar | Jefferies on ITC โ Buy, โน550; tax hikes manageable, price hikes to offset impact.
BrokerageRadar | Nuvama on M&M Financial โ Hold, โน280; 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 Indiaโs National Securities Depository, as the countryโs growth falters.
Foreign portfolio investor flows into Indian equities plunged by 99%โฆ
Foreign investor exodus
Foreigners have been net average sellers of Indian equities over the last four months, according to data from Indiaโs National Securities Depository, as the countryโs growth falters.
Foreign portfolio investor flows into Indian equities plunged by 99%โฆ
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.
โForeigners have been largely absent from the India story in the pastโฆ
โOnslaughtโ of domestic investors
In contrast with the exodus of foreign money, Indiaโs 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 billionโฆ
