While domestic investors have become a formidable force in deciding the market’s direction, foreigners remain a big driver.Ī positive macro backdrop coupled with rotation of EM flows amid a weaker-than-expected recovery in China has helped drive investment in Indian stocks. The pre-order funded Lily drone has hit delivery delays for the second time, will this be the final straw for its restless backersThe original and optimistic December 2015 delivery date is now just a distant memory as Lily announce their second delay, taking the new shipping date to Winter 2016/Early 2017. Overseas investors are poised to be net buyers of Indian stocks for a fifth-consecutive month, the longest streak of inflows since March 2021. The outlook for continued foreign inflow remains positive as the category’s ownership based on market value remains below the long-term average, HSBC says. “Both regional and global funds still have large underweights on India.” LLY - Eli Lilly and Company NYSE - NYSE Delayed Price. Buy Now: lily drone for sale Flash Sales, Every order comes with FAST, FREE Shipping, plus a FREE 365-Day. “It is clear to us that positive momentum has only just begun after a prolonged period of outflows, while India overall appears to be an attractive market,” strategists including Amit Sachdeva wrote in a note. Share Tweet The Ill-fated Lily Drone has returned from the grave courtesy of Mota Group, a company that acquired the Lily Drone assets after its original company, Lily Robotics, announced back in January that it was shutting down and then promptly got sued. That support has helped drive the Sensex up 15% from a March low, nearly triple the gain in a gauge of emerging markets. Posted By: Malek Murison on: AugBack in January, news came through from Lily Robotics that many had feared: after months of delays, huge investment and plenty of false promises, the. India’s equity market has received about $15 billion in net foreign inflow this year, just about $2 billion shy of erasing last year’s record outflow, according to data compiled by Bloomberg. (Bloomberg) - Foreigner investors may continue pouring money into Indian stocks, driving benchmarks to new highs in an extended bull market, according to HSBC Holdings PLC.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |