Foreign investors have significantly reduced their holdings in Indian equities, driven by slowing earnings growth, the AI boom in South Korea and Taiwan, and rising oil prices coupled with a falling rupee. This shift has led to substantial outflows, with strategists predicting a slowdown in selling but a slow return to popularity for Indian markets.
New Nasdaq 100 ETF to launch soon, BlackRock fund to give investors exposure to AI-driven tech rally
BlackRock is launching the iShares Nasdaq 100 ETF to capitalize on strong demand for AI-driven technology stocks. The fund will compete with established Nasdaq-100 offerings