Tag: Shares

FPIs turn sellers after 6 mths of investment; pulls out Rs 14,767 cr in Sep
Business

FPIs turn sellers after 6 mths of investment; pulls out Rs 14,767 cr in Sep

After sustained buying in the last six months, FPIs have turned net sellers and pulled out of over Rs 14,767 crore from Indian equities in September, primarily due to dollar appreciation, steady rise in the US bond yields, and a spike in crude oil prices. Going forward, the outlook for FPI flows in India is uncertain, as it will depend on the performance of the Indian economy, the RBI's October monetary policy, and the outcome of the September quarter earnings, Mayank Mehra, smallcase, manager and principal partner at Craving Alpha, said. According to data with the depositories, Foreign Portfolio Investors (FPIs) have sold shares to the tune of Rs 14,767 crore in September. The latest outflow came after FPI investment in equities had hit a four-month low of Rs ...
5 IPOs To Watch Out For This Week; Check Details Here
Business

5 IPOs To Watch Out For This Week; Check Details Here

Published By: Business DeskLast Updated: August 01, 2023, 14:16 ISTAn Initial Public Offering (IPO) is the first sale of shares to the public by a privately owned company.IPO Update: Here’s a list of companies that you can watch out for this week.The financial world is gearing up for this week’s potential market upheaval. Investors are eyeing five upcoming Initial Public Offerings (IPOs) set for a launch, offering a diverse range of products and services. An IPO is the process of offering shares of a private company to the public for the first time, allowing the ventures to raise equity capital from investors in the market. If you have also been looking to invest your money in IPOs, here’s a list of companies that you can watch out for this week.1) Small Business Fin Credit (SBFC) Financ...