After offloading nearly $14 billion worth of shares in October and November, the foreign portfolio investors turned net buyers of Indian equities in December 2024. During the month, the overseas investors bought equities worth $1.83 billion. Company Value Change %Change While they bought more IT shares in December, they cut exposure in oil & gas […]
What JPMorgan’s Latika Chopra expects for the FMCG sector this year – CNBC TV18
JPMorgan’s Head-India Consumer Research, Latika Chopra has turned positive on India’s fast moving consumer goods (FMCG) sector over the last 5-6 months. Chopra expects low single-digit volume growth for most companies and believes that pricing gains, absent over the past year and a half, will support revenue growth for staples. “We are kind of gravitating […]
Mahesh Patil explains drivers of a potential market ‘melt-up’ phase – CNBC TV18
“From a technical perspective, I would say the market is kind of getting into the phase where, kind of a “melt-up” phase, where it’s more driven by liquidity and sentiment, which can take it probably still higher from here,” says Mahesh Patil, Chief Investment Officer (CIO) of Aditya Birla Sun Life AMC, which manages assets […]