BrokerageRadar | Morgan Stanley on Suzlon Energy – Overweight, β‚Ή71; strong Q3, large order book, improving wind industry outlook.

BrokerageRadar | CLSA & Macquarie on MGL – CLSA: Outperform β‚Ή1,710; PAT beats, margin surprise. Macquarie: Outperform β‚Ή1,280; earnings in line, 8% volume CAGR.

BrokerageRadar | Jefferies on IGL – Buy, β‚Ή505; strong LNG contracts, EPS estimates raised over 50% for FY26/27E.

BrokerageRadar | Jefferies on Kaynes Tech – Buy, β‚Ή5,400; 38% correction creates value, 50%+ EPS CAGR expected FY25–27E.

BrokerageRadar | Jefferies on ITC – Buy, β‚Ή550; tax hikes manageable, price hikes to offset impact.

BrokerageRadar | Nuvama on M&M Financial – Hold, β‚Ή280; 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 India’s National Securities Depository, as the country’s growth falters.

Foreign portfolio investor flows into Indian equities plunged by 99%…

Foreign investor exodus

Foreigners have been net average sellers of Indian equities over the last four months, according to data from India’s National Securities Depository, as the country’s growth falters.

Foreign portfolio investor flows into Indian equities plunged by 99%…

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.

β€œForeigners have been largely absent from the India story in the past…

β€˜Onslaught’ of domestic investors

In contrast with the exodus of foreign money, India’s 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 billion…

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