Nifty may hit 18,600 on strong momentum: Analysts

​Nifty is holding on at a higher support base and we expect positive momentum to continue to drive the index to higher zones. Mechanical indicators are giving a bullish crossover which indicates up-move momentum could continue in the coming sessions.

Singapore tops Mauritius in FPI inflows into India

Back in 2016, India reviewed its tax agreements with both Mauritius and Singapore. During that time, Mauritius-based FPIs held ₹4.3 lakh crore worth assets which was nearly double that of Singapore’s ₹2.4 lakh crore.

Following the Fed goes out of fashion

The shift toward a softer, less uniform rate-hiking campaign partly reflects growing disparities in a global economy still struggling with the aftershocks of Covid and Russia’s invasion of Ukraine. Another explanation is that debt burdens leave some economies more sensitive than others to tighter credit.