Global fund managers are trimming India exposure as US trade talks sour

Cameron Brandt, Director-Research, EPFR Global said that while there hasn’t been a dramatic pullout, India has faced consistent outflow since July 28.

Cameron Brandt, Director-Research, EPFR Global said that while there hasn’t been a dramatic pullout, India has faced consistent outflow since July 28.

Bajaj Auto’s realisations increased by 4% from the same quarter last year and improved by 3% on a sequential basis.

With the commissioning of the second unit, the total commissioned capacity has increased to 160 MW, JSW Energy informed the stock exchanges in a filing on August 6.

The company is targeting proceeds of up to ₹2,500 crore ($300 million) from the sale, in what would mark a full exit from the little over three-year-old investment.

Auto and consumer stocks declined by up to 1% each, while realty stocks shed 2.33%.

The upgrade is aimed at simplifying government securities (G-Secs) investment for individual investors.

BHEL’s order book is likely to cross the ₹2 lakh crore mark, according to both Axis and Nuvama, from ₹1.33 lakh crore during the same quarter last year.

Nifty 50 fell 3.5% in the last one month as the trade talks between India and the US turned for the worse. Growth estimates are at risk while corporate earnings lack momentum. One of India’s biggest fund managers asks investors…

M&B Engineering IPO Listing: The listing was below grey market estimates, where shares of M&B Engineering were quoting a premium of 14.29%.

Sri Lotus Developers IPO Listing: Out of the funds raised, ₹550 crore will be utilised for its subsidiaries for new projects and investments. The rest will be used for general corporate purposes.