FOREIGN PORTFOLIO INVESTORS have come back with a bang in the current financial year after being net sellers in the previous fiscal. In Q1 of FY24, they invested ₹1.14 lakh crore ($13.9 billion) in Indian equities after dumping stocks worth ₹37,632 crore ($5.1 billion) in FY23. This took Nifty multiples (12-month trailing) to 22.4 in June-end. If the momentum continues through the month, the index may trade at a significant premium to its 10-year average of 19.5 times.
Long Reads
FPI Flows Bring Zing Back Into Nifty Premium
Foreign portfolio investors have come back with a bang in the current financial year after being net sellers in the previous fiscal.
Stories
Reinvention Key To IIM-C
Institute has set up application-oriented research centres to focus on issues relevant today.
IIM-A, The Harbinger Of Change
From offering hybrid MBA and launching industry relevant online courses to internationalising its curriculum, IIM-A is looking at business education through a new lens.
Ranking Pressure Takes Toll On Research Credibility
As fake research ‘papermills’ exploit system, B-schools scramble to safeguard the credibility of their research institutions.
PhD Mandate Triggers Faculty Shortage
B-schools have to ensure that at least 50% faculty members are research-active PhDs. This is hurting the student-faculty ratio.
Freight Traffic Growth Hit; Is Slowdown On The Cards?
As railways mirror the pulse of industrial traction, it seems the once-steady drivers of growth are now losing steam.
India Inc On An Ad-renaline Rush!
As firms bet big on brand visibility, cumulative advertising and publicity spend of BSE 500 companies hit ₹80,000 crore.
Leave a Comment
Your email address will not be published. Required field are marked*