The Indian stock markets are on the brink of entering a new phase, marked by potential rate cuts from the U.S. Federal Reserve, highlighted a report by Nuvama.
Foreign investors have been reducing their exposure to Indian equities by selling equities worth Rs 7,769.73 crore in just the last week (August 12 to 17). This activity has caused their net investment for August to turn negative, signaling a shift in the investment.
The report highlights the key indicators which reflect the extreme valuations in the Indian markets. It added that the market cap to GDP ratio stands at 150 per cent, matching the 2007 peak.
Indian stock markets ended flat on Tuesday after a volatile trading session. The Nifty 50 index tried to touch the historic mark of 25,000 but closed below.
On Tuesday, Nifty at National Stock Exchange or NSE opened in green territory at 24,839.40 up 3.30 points a marginal 0.01 per cent up, while the BSE Sensex opened with the red mark at 81349.30 down 6.56 points or 0.01 per cent.
As per data from the National Securities Depository Limited, last week foreign investors injected Rs 15,420 crore into Indian markets, but their buying declined significantly for the week July 22-26.
New Delhi [India], July 12: Magicbricks, India's leading real estate platform, has unveiled its instant property valuation tool, PropWorth. It is powered by an advanced machine learning algorithm to assist buyers and sellers evaluate the estimated price for any property. Trained on 15 years
New Delhi [India], July 3: In the dynamic and volatile realm of digital assets, meme coins are capturing the imagination of the entire crypto market, reminding us of how memecoins soared to billion-dollar valuations almost overnight following their presales.
The Department of Land and Real Estate Regulation in Ajman completed 169 real estate valuation processes during May 2024 with a total value exceeding AED729.5 million.
New Delhi [India], May 2: As we continue seeing an influx of meme coins and Degen traders flipping $1000 meme investments into millions of Dollars on projects like Book of Meme which the value skyrocketed to billion-dollar valuations overnight just after the conclusion of its token presale.
The Indian stock market outlook continues to remain positive given the strength of corporate balance sheets and the healthy rise in capital expenditure, according to Motilal Oswal Private Wealth.
Indian stock indices traded in the red for the second straight session, after snapping a six-session winning streak in the previous session. The latest decline could be attributed to profit booking and concerns among investors over high stock valuations.