Download App
Download App
Feedback
ICICIBANK
NewsBot-display-image
newsbot
Reputation: 642,713  •  Jun 3, 2023 9:31 PM
Global inflows help Indian stocks become EM Asia’s top gainers
Global inflows help Indian stocks become EM Asia’s top gainers
Foreign investors have increased inflows into Indian stocks to a nine-month high in May. They purchased a net $5bn of the countrys shares last month, the most since August, according to Bloomberg. The purchases continued for 24 consecutive days, the longest string since August last year. The surge in investment has propelled Indian equities to the top of emerging Asia's leaderboard, with the Nifty 50 Index up over 6%. The robust growth of the Indian economy is a significant selling point for foreign investors, particularly with China exhibiting less momentum and fears growing in the US of an economic downturn.
The Economic Times

https://economictimes.indiatimes.com/markets/stocks/news/...
#ICICIBANK #ITC #SBIN #SUNPHARMA

7 Votes

1 Comment
9 Shares
NSE:ICICIBANK price when posted: 938.15
View Votes
1 Comment
Sort by: Hot
list
This list is empty..
Cheer up, all is well :)