Japan’s Nikkei rises as auto, bank shares gain
TOKYO, – Japan’s Nikkei share average rose on Friday as a weaker yen lifted automakers, and financial stocks gained after raising their annual profit forecasts. The Nikkei was up 0.8%…
FPI Sell-off: Financials, Oil & Gas, Auto sectors lead October FPI exodus amid shift to cheaper markets
Indian stock market faced a sharp correction in October, driven by sustained selling from Foreign Portfolio Investors (FPIs), who shifted to more attractively valued markets like China amid weaker domestic…
Fund managers bet big on financials: But why ditch banks for NBFCs?
Foreign portfolio investors (FPIs) have shown erratic behaviour when it comes to investing in finance and banking stocks, with buying sprees frequently interrupted by periods of selling. After significant selling…