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Return of NDA augurs well for Indian economy: Experts The return of Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) to power for the third time in succession, as predicted by various Exit Polls, augurs well for the Indian economy as it provides stability and continuity in policy-making, said experts and a broking house.  They believe that the return of NDA will calm down the investors' nerves, as political and policy continuity will be good for risk assets in the immediate run and macro stability in the medium ter...
Return of NDA augurs well for Indian economy: Experts
Return of NDA augurs well for Indian economy: Experts
Source: IANS
2024-06-03 10:55:37 am
Likely PM Narendra Modi win to boost Indian infrastructure, manufacturing stocks Indian shares are set to open higher on Monday with analysts expecting gains in infrastructure, capital goods and manufacturing stocks, after exit polls over the weekend projected a third term for Prime Minister Narendra Modi's government. The Gift Nifty was trading at 23,353 points as of 7:05 a.m. IST, indicating that the Nifty 50 will open higher than its Friday's close of 22,530.70. The Nifty 50 and S&P BSE Sensex dropped about 2% each last week ahead of the election resu...
Likely PM Narendra Modi win to boost Indian infrastructure, manufacturing stocks
Likely PM Narendra Modi win to boost Indian infrastructure, manufacturing stocks
Source: Reuters
2024-06-03 09:29:03 am
India`s equity mutual fund inflows drop to four-month low in April, data shows Inflows into India's equity mutual funds moderated to a four-month low in April, with investors adding small- and mid-caps, while trimming large-cap allocations. Net equity mutual fund inflows fell 16.4% sequentially to 189.17 billion rupees, the lowest since December 2023, data from the Association of Mutual Funds in India (AMFI) showed on Thursday. Equity mutual fund inflows had seen a similar drop in March, mainly over high valuation concerns, which prompted the markets regulator...
India`s equity mutual fund inflows drop to four-month low in April, data shows
India`s equity mutual fund inflows drop to four-month low in April, data shows
Source: Reuters
2024-05-09 03:39:20 pm