In Foreign investors buy stocks worth $2.7 bn in 2016 so far as against $6.7 bn in H1 of 2015. Among India’s peers, Taiwan attracted the most foreign fund inflows as FPIs have bought $5.5 bn worth of equities. Indonesia saw
Public sector firms have had a difficult 2015-16 with net profits of 80 companies (PSUs) dropping by more than 40% to R80,711.75 crore from R1,35,808 crore in 2014-15. Worryingly, the plunge comes on the back of declines seen
While the Sensex now trades at a price to earnings (P/E) multiple of 16.5 times one-year estimated forward earnings — higher than the long-term average of 15 times — several stocks are trading at more reasonable valuation
While the recent correction in the markets has brought the benchmark indices back to levels seen before the 2014 general elections, the table of the top Nifty companies has undergone significant changes.