Bitcoin has reached a remarkable new all-time high of over $104,000, but on-chain data indicates that investors are not eager to sell. The Exchange Netflow metric shows a negative trend, meaning more Bitcoin is leaving exchanges than entering. This suggests that investors are choosing to hold onto their assets for the long term, which can ...
 "Foreign investors surge back into India’s stock market, driven by robust IPOs and optimism amid political shifts and global rate cuts.")
Foreign portfolio investors (FPIs) injected over Rs 87,000 crore (over $10 billion) into Indian equities this quarter, marking the highest inflow since June 2023. Key factors driving this investment include improved growth prospects, increased global index weight, and a robust IPO Market, with 50 companies raising Rs 53,453 crore by August 2024. Despite a sluggish ...
 "SpiceJet’s 8 million share sale attracts major investors amidst financial turmoil, aiming to revive its struggling operations and fleet.")
SpiceJet Ltd. has successfully attracted bids worth $358 million for its share sale, drawing interest from notable investors such as Tata Mutual Fund and Authum Investment. This move comes as the airline, based in Gurugram near New Delhi, struggles with staff furloughs and delayed tax payments. The share sale, offered at a discounted price of ...
 "India launches BHASKAR, a groundbreaking digital registry to unite startups, investors, and mentors, transforming the entrepreneurial landscape.")
Commerce and Industry Minister Piyush Goyal is set to launch the Bharat Startup Knowledge Access Registry (BHASKAR) initiative, aimed at transforming India’s startup ecosystem. This platform will act as a central hub connecting startups, investors, mentors, and government bodies, fostering collaboration and resource sharing. BHASKAR will create the largest digital registry for stakeholders in the ...
 "Foreign investors aggressively buy Indian equities as U.S. rate cuts loom, driven by optimism and India’s resilient market conditions.")
Foreign Portfolio Investors (FPIs) have invested Rs 27,856 crore in Indian equities in the first half of September 2024, driven by resilience in the Indian Market and expectations of an interest rate cut by the US Federal Reserve. Since June, FPIs have been on a buying spree after withdrawing Rs 34,252 crore earlier this year. ...
 "Stock markets face uncertainty as investors react to global trends and await crucial economic data, with oil prices hovering low.")
On Wednesday, September 11, 2024, India’s stock Market is set to open cautiously, following global trends. The Sensex and Nifty indices are expected to show mixed results, with GIFT Nifty futures down 5 points at 25,092. Investors are closely watching oil prices, which are nearing three-year lows, and the recent OPEC cuts in crude demand ...
 "Post-pandemic, investors have gained sophistication, boosting the wealth management industry, especially in India, as capital market participation surges.")
Shiv Gupta, the founder and CEO of Sanctum Wealth, shares insights on the evolving wealth management industry in the Asia-Pacific region. Following the pandemic, investors have become increasingly sophisticated, contributing to a rise in capital Market participation and risk-taking. Gupta highlights the tremendous growth of the wealth management sector, especially in India, which is emerging ...
In August 2024, Foreign Portfolio Investors (FPIs) invested Rs 7,320 crore in Indian equities, a notable decrease compared to previous months. This cautious approach was largely influenced by high stock valuations and the unwinding of the Yen carry trade, following the Bank of Japan’s interest rate hike. Despite ongoing interest in September, FPI flows will ...
The cryptocurrency community is buzzing with speculation that XRP, the native token of the Ripple network, could be poised for a significant price surge in the coming week. According to several industry analysts and experts, XRP is forecasted to reach around $0.55, with the potential to even hit the $0.60 mark if the upward momentum ...
Boeing shareholders expressed their disapproval towards chief executive Dave Calhoun in a recent meeting, citing concerns over the company’s performance and decision-making. Shareholders communicated their frustration with Calhoun’s leadership, calling for a change in direction to improve the aerospace company’s profitability and reputation in the industry. This backlash serves as a wake-up call for Boeing’s ...
