Telangana Guv accepts TSPSC Chairman & Members resignations uniindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from uniindia.com Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Sailesh Raj Bhan has become wary of the exuberance surrounding Indian stocks as a $790 billion rally since late March rambles on.Most Read from BloombergMGM Resorts Hackers Broke In After Tricking IT Service DeskHow Auto Executives Misread the UAW Ahead of Historic StrikeUS, Chinese Officials Meet in Malta in Bid to Keep Channels OpenEurope Is Better Prepared If Trump Wins Again, Germany’s Baerbock SaysHouse Republicans Prepare to Turn US Government Shutdown Into Immigration Clash
Global funds piled a net $17 billion into the nations equities in the first eight months of this year as optimism over growth in the economy and corporate earnings, along with persistent weakness in China, boosted the markets appeal. They have been sellers of local stocks so far in September.
The chief investment officer at Nippon Life India Asset Management Ltd. says it’s increasingly difficult to find opportunities in the $3.8 trillion market, where benchmarks have just hit record highs.