European stock markets saw gains, especially in the automobile sector. This followed positive signals from US President Donald Trump regarding potential trade agreements with the European Union. The optimism was fueled by a trade deal with Japan. Porsche and Mercedes-Benz stocks performed well. Lonza shares also increased after a profit forecast. However, ASM International and SAP experienced declines.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is