Indian equities gained in September compared to the global equity sell-off as both foreign and domestic investors were net buyers and India reported (in August) its year-over-year Q2 numbers where GDP grew by over 20%. These strong numbers may result in better than...
The good news is that the Indian market has attracted net inflow from foreign investors for six months in a row with quarterly inflow of nearly $8 billion. Strong corporate earnings and overall good news from the latest Union budget along with strong macro numbers...
Indian equities had a strong forth quarter with gains of 20%+ on the back of ‘feeling better’ from receeding covid numbers at about 20,000 per day at the last days of December vs 100,000 in September. India went out extremely hard when covid first hit, perhaps the...
Russia: After a nine month dreadful equity streak for 2020, Russian equities came alive in the fourth quarter and the market posted a gain of 20% to help reduce the year’s loss to a low teen number. Retail investors in Russia have opened a wave of new equity trading...
India ended the quarter with a strong month of June with a return of over 7%, mainly thanks to retail investors re-entering the market along with foreign inflows. June marked an important decoupling from Western lead out performance earlier in the quarter. The widely...
The stock market lost 25% in March, the worst month since October 2008. In a land with around 1.3 billion people, the government made the unprecedented move on 25th March to lock down the entire nation for an initial period of three weeks. What a logistical...
