India may have attracted more money than any other Asian market in the past month but this rally in stocks doesn't have much grounding in macroeconomic reality.
Stocks surged after two opinion polls indicate victory for Prime Minister Narendra Modi’s ruling coalition. When Modi govt first formed in 2014, Sensex rose 30%, the most since 2009.
Investors are seeking safety in bigger companies amid a brewing trade conflict and elevated prices of oil.
India may be Asia’s best-performing major market this...
In veteran stock picker Raamdeo Agrawal's view it doesn’t even matter who becomes the country’s next Prime Minister because the economy will grow anyway.
India’s stocks...
Total investor wealth, measured in terms of cumulative market value of all listed stocks on BSE, fell by Rs 10 trillion in past three trading sessions to Rs 143 trillion
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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