BusinessNews

India Surpasses China in MSCI Index Weightings, Poised for Increased Foreign Investment

India has officially eclipsed China in crucial global stock gauges, signaling a significant shift in investment dynamics and the potential for a substantial influx of foreign capital into Indian equities. According to a report by Morgan Stanley dated September 17, India now holds a 2.35% weighting in the MSCI AC World IMI Index, compared to China’s 2.24%. This positions India as the…
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BusinessNews

Sebi Cracks Down on 15,000+ Finfluencer Sites to Protect Investors

In a major regulatory move, the Securities and Exchange Board of India (Sebi) has removed over 15,000 content sites run by unregulated financial influencers in the past three months. This crackdown is part of Sebi’s broader initiative to safeguard investors and curb misleading financial advice from unauthorized sources. Kamlesh Varshney, a Sebi wholetime member, emphasized the regulator’s…
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BusinessNews

Why Hindenburg 2.0 Requires a Fresh Response from India

The latest allegations from Hindenburg Research, questioning potential conflicts involving the chief of India’s market watchdog, have reignited a critical debate. These claims, which have been denied by both the official and the regulator, necessitate a serious and independent investigation. The Supreme Court in New Delhi should consider reinstating the committee it had previously established…
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BusinessNews

FPIs Turn Net Sellers This Week, Offload Over Rs 12,400 Crore in Indian Markets

Foreign Portfolio Investors (FPIs) shifted to net selling in the Indian stock market, liquidating equities worth Rs 12,404.73 crore during the week of August 5 to August 9, 2024. According to data from the National Securities Depository (NSDL), FPIs sold shares daily throughout the week, with the exception of Friday, when they purchased equities worth Rs 521 crore. The selling by FPIs is…
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