What explains heightened foreign investor activity on May 31?

June 11, 2024

The Congress party alleges insider trading by foreigners ahead of the BJP’s predicted victory in the exit polls on May 31, resulting in a surge in stock market activity. FPIs made significant purchases linked to the MSCI’s quarterly rebalancing, impacting global indices and passive funds.

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The Justice Department has concluded its investigation into Federal Reserve chair Jerome Powell. This decision removes a significant obstacle to the confirmation of Kevin Warsh,

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Probal Sen flags muted quarter for Reliance as O2C weakness weighs

Reliance Industries anticipates a subdued earnings report this quarter. The oil-to-chemicals segment faces pressure, impacting overall numbers. While retail and telecom offer stability, energy business

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