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Adrian Mowat, EM-Equity Strategist, says initially China market rally will lead to outflows from India, but in the medium term, this will be very positive for inflows into emerging market equities by global investors and India ranked first equal as the largest market will benefit from that. It is very difficult to encourage people to buy emerging market ETFs if China is doing poorly, which has been very much the case for the last couple of years. India just got slightly bigger than China, but China and India are two biggest markets in EM and they are both looking very interesting. In terms of the booster shot that we have seen from China, do you believe they are just kicking the can down the road with these stimulus measures and they do need to be supplemented by further course of action? Adrian Mowat: The message is that they will do whatever it takes. So, it feels a bit like listening to Mario Draghi in the years or so after the Global Financial Crisis. They have come through with significant and comprehensive measures that address some of the issues within the China economy. They are not going to solve things overnight. But us as financial market investors need to think about the implications for us. The implications are that the policymakers are really concerned and they are doing as much as they can. They are pushing down interest rates and they are trying to inflate the price of financial assets.

consumption growth, which is another core pillar in the last three-four quarters, I think, we do not see any legs for us to surprise positively as we move ahead, especially when it comes to urban consumption demand drivers are concerned," says Vijayaraghavan Swaminathan, Avendus Spark Institutional Equities. I was quite taken by your note, which actually starts off with the quote saying, I cannot change the direction of the wind, but I can adjust my sails to always reach my destination. We all know the kind of times that we are sitting in, both in terms of the global uncertainties with the changing interest rate regime that you are having, both in the Far East as well as the Far West and, of course, political uncertainties and geopolitical tensions other than that. But when we talk about India, it is really all about valuations, that is the sort of screaming amber light if I can say so. What is it you are making of the market construct right now, especially here in India? Vijayaraghavan Swaminathan: So just to give you the context, from a demand perspective, last three-four quarters, we have been excessively cautious, especially on the consumption factors. This is largely coming from the fact that household balance sheets today, we do not draw enough confidence because of excess leverage, which households are sitting on.

Tata Elxsi Ltd. gained 0.26 per cent to Rs 7747.7 in Tuesday's trade as of 11:51AM (IST). The stock hit a high price of Rs 7800.0 and low of Rs 7727.4 during the session. The return on equity (ROE) for the stock stood at 31.61 per cent. Traded volume on the counter stood at 11:51AM shares and turnover at Rs 3.25 crore around that time. The stock of Tata Elxsi Ltd. quoted a 52-week high price of Rs 9191.1 and 52-week low prices of Rs 6406.6, respectively.

airline operators Spicejet and InterGlobe Aviation-operated IndiGo surged by 6% and 2.2% respectively on the BSE after the prices of the aviation turbine fuel (ATF) were slashed by 6%. The shares of SpiceJet went as high as Rs 68.50 while those of IndiGo surged to Rs 4,896.

Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

More Americans are in jobs where a chunk of their pay isn’t guaranteed.

NTPC are in focus on Tuesday after its subsidiary company NTPC Green Energy signed a memorandum of understanding (MoU) with the Rajasthan government for a 25-gigawatt renewable energy project. «On the occasion of Rising Rajasthan Investor Meet at New Delhi, NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC Ltd, signed a Memorandum of Understanding (MoU) with Govt of Rajasthan on 30th September 2024 for the development of 25 GW of Renewable Energy Projects in the State of Rajasthan,» the company said in an exchange filing.

Reliance Industries, IT, and banking stocks. The BSE Sensex was trading 328 points, or 0.39%, higher at 84,6028. The Nifty50 was up 85 points, or 0.33%, trading at 25,895 around 9:19 am.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Find the best deals to grab at the Great Indian Sale right here:The Lifelong OTG 9 Litre Electric Oven Toaster Griller is a compact and versatile kitchen appliance, ideal for baking, grilling, and toasting. Its automatic shut-off and heat-resistant handle ensure safety during use. With 1100W power, it preheats quickly and cooks efficiently, making it perfect for pizza, cake, and grilled dishes.

Subscribe to enjoy similar stories. As global dynamics shift, does foreign direct investment (FDI) need extra supervision? As reported, India’s government is exploring the idea of an FDI regulatory mechanism for post-inflow review and monitoring. The plan is at a discussion level, so it is too early to tell the shape it will eventually take, should it go ahead, or the details of any rules under consideration.

Mankind Pharma shares are expected to remain in Focus on Tuesday as the company announced that it would raise up to Rs 10,000 crore through issuance of non-convertible debentures (NCD) and commercial papers. The company's board of directors on Monday approved raising up to Rs 5,000 crore via non-convertible debentures in 3-4 distinct series with maturities of up to 48 months, in a regulatory filing to stock exchanges.

The company’s stock ended Monday’s trade marginally higher at Rs 180.05.

Subscribe to enjoy similar stories. Given India’s troubles with the current account in its not-so-distant history, it’s comforting that it is now well in control. Going by data released by the Reserve Bank of India (RBI), the deficit on this account stood at 1.1% of gross domestic product (GDP) in the three months ended in June.

Subscribe to enjoy similar stories. New Delhi: The government’s renewed focus on setting up thermal power projects in the country and a surge in demand for coal-fuelled power generation have revived the fortunes of BHEL Ltd, India’s largest power equipment manufacturer, two people familiar with the matter said.

Subscribe to enjoy similar stories. Automobile dealers are staring at slowing sales and swelling stocks, after Onam and Ganesh Chaturthi that kick off India's annual festive season failed to revive a protracted slump. Concerns are mounting over whether the upcoming Navratri and Diwali festivals will spark a turnaround, amid record-high inventories, deep discounting and cooling consumer excitement.

Subscribe to enjoy similar stories. In all my previous articles, I have advocated bullishness in gold. I shared data showing why the precious metal is the ultimate store of value and source of capital appreciation, rolled into one.

Kamala Harris and Donald Trump are indulged in an intense political rivalry at this point, and looking at the uncertainty of a clear winner in the polls, things are looking quite complicated in some of the key battleground states, including Michigan and Wisconsin, suggest latest poll data.

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US Presidential elections, and so has Allan Lichtman. However, they often have varied opinion on multiple regions, including the key swing states, and with the US elections 2024 in November, it is to be seen, who ends up as the ultimate accurate predictor.

Donald Trump's running mate in the US elections, was denied entry into a mid-scale sandwich shop in Pittsburg, by the staffers. According to reports, this plan to halt at a sandwich shop was unannounced and therefore staffs at the Pittsburg shop ended up getting startled at the massive size of Vance' team, including a phalanx of Secret Service agents guarding him.