Foreign Portfolio Investors (FPIs) have shifted to net sellers this month so far, withdrawing over Rs 13,400 crore from Indian equities as of early August. This reversal follows a period of increased investment in previous months.
FPIs had injected a total of Rs 22,134 crore into Indian equities earlier this year. However, recent data shows a net withdrawal of Rs 13,431 crore from A…
Read moreWill Nifty scale past key 21000 level in trade today- 9 things to know before the share market opens
GIFT Nifty traded flat at 21,074.5 down merely 0.01%, indicating a flat opening for domestic indices NSE Nifty 50 and BSE Sensex on Friday. Previously, on Thursday, the NSE Nifty 50 dropped 36.55 points or 0.17% to settle at 20,901.15, while the BSE Sensex slipped 132.04 points or 0.19% to 69,521.69.
“Markets consolidated in a range after the recent surge and ended almos…
Read moreAshish Gupta, chief investment officer (CIO) at Axis AMC, believes profit-taking in the markets is not much of a concern because foreign investors remain under-invested. He tells Siddhant Mishra that the fund house has focused on overhauling its sales and distribution structure, besides diversifying schemes.
Ed…
Read moreMark Cuban, the tech titan, Dallas Mavericks owner, and star of ABC’s Shark Tank, moves through the world like a friendly great white, all teeth and eyes and relentless motion. When we meet on an October morning at his office in the Mavericks’ headquarters, the serial entrepreneur, 64, is wearing a long-sleeved T-shirt advertising his last investment: Mark Cuban Cost Plus D…
Read moreThis could be a costly interview for William Saunders. The former safety researcher resigned from OpenAI in February, and—like many other departing employees—signed a non-disparagement agreement in order to keep the right to sell his equity in the company. Although he says OpenAI has since told him that it does not intend to enforce the agreement, and has made similar public commitments, he…
Read moreTwo years ago, David Rosenberg’s dealership lots were virtually empty; cars would sell as soon as they arrived. Today, Rosenberg, president of DSR Motors, which has 12 dealerships across New England, says he’s offering up huge deals to get vehicles off the lots because he has so much inventory.
Rosenberg has been forced to offer big price cuts for brands like Stellantis (formerly Chr…
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