Indian equities are catching a breather as crude oil pulls back from recent highs, easing the pressure that had driven foreign money out of the market. Attention turns to the index
Indian equities are catching a breather as crude oil pulls back from recent highs, easing the pressure that had driven foreign money out of the market. Attention turns to the index reshuffle, with the exchange operator joining the Nifty 50 while a major IT name exits, a shift that tends to trigger meaningful passive fund flows. Meanwhile, the primary market shows no signs of cooling, with a record quarter for new listings pointing to a blockbuster year ahead even as secondary market sentiment stays fragile.
Sources
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