India's Sensex Drops 0.3%, Dragged by Financial Stocks -- Market Talk
Did India's Q2 financial reports fall short of expectations? One unexpected reason: it's too hot outside...
India seems to be facing a fierce roadblock, high temperature, on its way to economic growth. In the 500 constituent companies of the Nifty 500 index, at least 80 mentioned the topic of heatwaves during their earnings conference calls, setting a new record.
RBI Has Taken a Safer Bet in Standing Pat -- Market Talk
India's Sensex Up 1.1%, Led by Auto, Steel Stocks -- Market Talk
Indian Equities Dip on Friday, Dragged by Lack of New Market Triggers, Mixed Earning Results
The final value of HSBC manufacturing PMI in India for July was revised downward to 58.1, which is lower than expected, according to Economic Daily News.
According to HSBC/S&P Global, seasonally adjusted, India's Manufacturing Purchasing Managers' Index (PMI) for July was revised downward from 58.3 to 58.1, confirming initial expectations of an increase to 58.5.
India's Sensex Up 0.4%, Led by Bank, Auto Stocks -- Market Talk
The July HSBC Composite PMI in India rose to 61.4, marking a three-month high, according to the Economics report.
HSBC/S&P Global announced that India's manufacturing purchasing managers' index (PMI) for July, seasonally adjusted, rose from 58.3 to 58.5. The output index of the manufacturing PMI increased from 61.9 to 62.2.
India's Business Growth at Three-month High in July, PMI Shows
India Budget Likely Sets Stage for Next Growth Phase -- Market Talk
India Growth Likely to Slow But Keep Outpacing Regional Peers -- Market Talk
India's Goods Exports, Imports Grow in June
After reaching a new high, the Indian stock market took a short break. Mahindra's drag caused the large cap to experience the largest drop in over a month.
After reaching a historical high on Tuesday, the Nifty 50 index in India fell back on Wednesday.
India's IPO frenzy attracts retail investors, and new shares soar 57% to lead the market.
According to the Zhitong Finance APP, with the rise of new stocks far exceeding the SSE mega-cap index and overseas markets, it is expected that individual investors will continue to flock to India's IPO market this year.
Political and economic prospects boost attractiveness, with foreign banks becoming the largest long position in Indian bonds.
According to the Zhicheng Financial APP, in recent weeks, foreign banks have become the largest investors in India's trillion-dollar sovereign bond market due to India's economic prospects and stable currency.
India's Nifty 50 Posts Another Record Close, Longest Weekly Rising Streak of 2024
Modi's Budget to Send India's Soaring Stocks Higher, Survey Says
Inflow of nearly $1 billion in two days! Global funds quietly returning to the Indian stock market.
According to the data, overseas investors bought a total of $985.5 million worth of Indian stocks last Friday and this week.
Big rise, big drop, and another big rise! The Indian stock market is like a roller coaster, can Modi's ally turn the tide?
With the changing winds of the Indian election, this week's Indian stock market situation is like riding a roller coaster.
Unexpected change! After a sharp rise yesterday, India's stock market suddenly plunged 8%.
Panic among Indian investors has been ignited! The panic index surged 34%, marking the largest daily increase since February 2022.