GAGA Share Market News

[hfe_template id='11223'] [ad_1] Despite a nascent recovery in Indian markets, it's important to highlight that foreign institutional investors (FIIs) have kept up their selling trend in the first two weeks of March. However, this was followed by an emphatic consensus that the sell-off is slowing, something which Indian investors can hang on to. With a little bit of help from the Fed, analysts say the trend could even reverse. Like the earlier month, the fortnight (ending March 15) sell-off affected nearly all sectors in the market, with the exception of metals. Metal stocks stood out as they attracted investments worth Rs 1,100 crore, making them the only sector to buck the trend. This was not the case in the preceding period. The worst-hit sectors of FII wrath were IT, FMCG, Auto, Financial, and Healthcare, as FIIs withdrew nearly Rs 19,000 crore ($2.2 billion) from stocks in these areas. The total outflows from Indian equities amounted to Rs 30,015 crore ($3.5 bil...

[hfe_template id='11223'] [ad_1] Amid ongoing economic uncertainties, the recovery of the Indian markets seem to be dependent on the upcoming earnings, Ajay Srivastava, CEO of Dimensions Corporate Finance offered a measured outlook on earnings revival. Speaking with ETNow, he noted that a swift recovery is unlikely as the economy moves into a lean season. “It is not going to have a revival in the lean season at all, that is not going to be possible. You will have to wait for six-nine months,” he explained, suggesting that investors need patience before witnessing a meaningful turnaround. However, Srivastava pointed out that some sectors continue to display remarkable resilience, despite the broader slowdown. “The hospitality sector, it is just incredible what is happening in this sector. The rates are through the roof, availability is down to the dumps, and so if you are invested in the hospitality sector, you are in good hands in spite of the slowdown that is happening,...