Asian stocks saw modest gains, driven by technology and AI sectors, particularly Alibaba’s surge. Investors are eyeing upcoming jobs and inflation data, along with the Federal Reserve’s rate decision, amid historical September market weakness. Meanwhile, Indonesian markets face political risks, and longer-maturity bonds brace for a potentially challenging month.
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