Flows from foreign funds into Indian equities were moderate in the first-half of 2024 on concerns over rich valuations and tight monetary policy in the US. With the dollar weakening following the rate cut in the US and India’s weight on global indices increasing, foreigners have increased their local holdings.
Dalal Street’s middle-order hits record high before Nifty, smallcaps. What’s driving the midcap boom?
India’s midcap stocks are reaching new heights, outperforming larger companies. Strong company earnings and reasonable stock prices are driving this surge. Experts see this as
