MSCI India Index Update: 13 New Entries Bolster Investor Confidence

Overview of MSCI India Index Changes The MSCI (Morgan Stanley Capital International) India Index, a benchmark for global equity portfolios, has recently announced a significant reshuffle, slated to take effect by the end of trading on May 31, 2024. This update includes the addition of 13 companies, indicating a refreshing shift in the constituents that … Read more

Foreign Investors Withdraw $4 Billion from Indian Markets: A Sign of Declining Confidence Introduction

A Sign of Declining Confidence Introduction

In a surprising turn of events, foreign investors have shown a significant decline in confidence in the Indian stock market, pulling out over $4 billion since April 2023. This trend marks the most substantial disillusionment since 2012, fueled by concerns over the upcoming 2024 Lok Sabha elections and the anticipated performance of Prime Minister Narendra … Read more

Market Surges: Sensex Crosses 73,000, Nifty Gains 119 Points Amid Falling Inflation Tuesday’s Market Overview

Tuesday’s Market Overview In a buoyant session on Tuesday, the Indian stock markets ended on a high note with significant gains across major indices. The BSE Sensex soared past the 73,000 mark, a notable rise, while the NSE Nifty-50 experienced a robust increase, ending the day at 22,217.85—a gain of 0.51% or 113.80 points. Key … Read more

Bharti Airtel’s Q4 Profits Dip by 31% Amid Market Challenges

In a recent financial disclosure, Bharti Airtel reported a significant drop in profits for the fourth quarter of the financial year 2023-24. The telecom giant’s net profit plummeted by 31%, settling at ₹2,072 crore compared to ₹3,005.6 crore in the same quarter of the previous year. Despite this downturn in profits, the company saw a … Read more