FPI: Risk-off sentiment brings big selloff in FPI-heavy counters indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
The sell-off in the stock market was also on account of weak global cues as higher US retail inflation dampened hopes of early rate cuts by the Federal Reserve and rise in the US 10 year yield
Indian shares were set to open higher on Monday, looking to build on their record highs as the corporate earnings season approaches, although easing expectations of a U.S. rate cut in June could.
Dr Joseph Thomas from Emkay Wealth Management discusses Indian economy growth and corporate profitability. He analyzes market trends, including small & midcap valuation, and crude oil demand-supply factors affecting market dynamics. Dr Thomas further says: "The market yields are rising day by day and in this context, it is important to note that the rise in the indexes in the last three months has been quite rapid."
Gold price surges to record high orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.