Outward remittances down to $2.3 billion in May: RBI Bulletin
Outward remittances from India reached $2.3 billion in May, according to recent bulletin data. Travel expenses constituted the largest portion, accounting for $1.38 billion, a rise of $118 million from April. However, these outward remittances experienced a 4.4% decrease compared to May of the previous year. Additionally, Indians spent $149 million on education and $322 […]
RBI stepped in to prevent rupee’s rise, net bought $1.7 billion
The rupee had rose to a six month high in mid May, LSEG data showed, but shed its gains due to tariff uncertainties and India-Pakistan war. Intervention by the RBI too prevented excess appreciation during May, traders said.
Small stocks, big surge: Over 50 microcaps soar up to 5,500% despite market turmoil
Despite market sell-offs since last September, around 50 smallcap, microcap, and penny stocks have surged dramatically, with returns ranging from 200% to 5,500%. However, many of these top performers reported losses or modest revenues, raising concerns about a potential bubble. Experts advise caution, noting that only a few demonstrate fundamental soundness amidst the exuberance.
Tata Chemicals goes out from F&O segment
NSE has declared that Tata Chemicals will be removed from the futures and options segment starting October 1st. However, the exchange clarified that existing unexpired contracts for July 2025, August 2025, and September 2025 will remain available for trading until their respective expiration dates. New strikes will also be introduced in the existing contract months.
Invesco sells stakes in Oberoi, Lodha Developers
Invesco Developing Markets Fund divested its holdings in two major real estate companies. The fund sold a significant portion of its stake in Oberoi Realty. The deal amounted to ₹1,883.2 crore. Invesco also offloaded shares of Lodha Developers. This transaction was valued at ₹1319.2 crore. These bulk deals occurred on Wednesday.
Can Infosys maintain its momentum after reporting strong June 2025 quarter growth?
Infosys showcased robust sequential revenue growth in the June 2025 quarter, driven by a lower base, improved pricing, and higher utilization, outperforming its peers. The company revised its FY26 constant currency revenue guidance upwards to 1-3% due to strong new deal wins.
Fitter & Stronger: Midcaps outperform smallcaps in long term
Mutual funds focusing on midcap stocks have shown strong returns for SIP investors over time. Nifty Midcap 150 TRI has surpassed Nifty Smallcap 250 TRI in 10 and 15-year returns. Midcaps offer better risk-adjusted returns and stronger fundamentals. Recent MF inflows have significantly impacted midcap valuations.
India’s economy shows resilience amid global tariff challenges, macroeconomic risks
RBI economists caution about underpriced macroeconomic risks and rising global trade tariffs nearing 1930s levels. Despite these challenges, India’s economy demonstrates resilience due to strong fundamentals, easing inflation, and proactive fiscal measures. Improved monsoon prospects and robust services sector growth further bolster the nation’s economic outlook, even with modest industrial activity.