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FIIs roar back, pump Rs 15,000 crore into Indian stocks in just 3 days. Is the tide turning?
After weeks of sulking on the sidelines, foreign institutional investors (FIIs) have stormed back into Dalal Street with a vengeance by pumping nearly Rs 15,000 crore into Indian stocks over just the last three trading sessions. This dramatic U-turn comes after nine straight sessions of relentless selling, and it’s turned out to be nothing short…
European stocks set for worst quarterly showing since 2022
European stocks were muted in the final trading session of 2024, as uncertainty around the monetary policy path and political shifts halted a rally that had pushed several markets to record highs earlier this year. The pan-European STOXX 600 was flat by 0821 GMT, and the benchmark was on course for its worst quarterly showing…
ITC Hotels demerger could lead to passive outflow of $180 million: Nuvama
Following the demerger of ITC Hotels from parent firm ITC Ltd, the record date for which was January 6, domestic brokerage firm Nuvama on Tuesday said it expects an outflow of about $180 million as a result of the corporate action. “Assuming the current static price of around Rs 260 remains on the day of…
The Best Stocks to Invest $3,000 in a TFSA Right Now
For Canadians looking to build long-term wealth, a Tax-Free Savings Account (TFSA) remains one of the most powerful tools available. It is one of the top investment routes, as any growth your money earns, whether through capital gains, dividends, or interest, stays completely tax-free. That means more of your returns remain in your pocket, helping…
