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First Trust India Nifty 50 Equal Weight Etf Newsroom
Indian Equities Dip on Friday, Dragged by Lack of New Market Triggers, Mixed Earning Results
India's Sensex Up 0.4%, Led by Bank, Auto Stocks -- Market Talk
India's Business Growth at Three-month High in July, PMI Shows
Did the casino take a cut? Capital gains tax and securities transaction tax both increased, dealing a heavy blow to the Indian stock market!
After the Indian government's tax increase, the Indian stock market fell nearly 2% in the short term. Investors realized that this is short-term bearish but long-term bullish for the Indian capital markets.
The first step of "Modi 3.0": reducing the deficit target, comprehensive tax cuts, and a 2 trillion rupee economic stimulus plan.
The first budget of Modi's new government has been released, with the fiscal deficit target for this fiscal year lowered to 4.9% of GDP. The standard deduction for personal income tax has been increased from INR 0.05 million to INR 0.075 million. The tariffs on gold and silver have been reduced to 6%, and a 12.5% tax has been levied on long-term capital gains. The infrastructure budget remains unchanged. After the budget announcement, the Indian stock market and the rupee exchange rate fell, while bond prices rose.
Nifty Awaits India Budget as Traders Eye Potential Changes -- Market Talk
India's Q&M Dental has gone crazy about stocks: the index has doubled in five years, and young people are rushing in frantically, treating the stock market as a casino and hoping for a sudden wealth overnight.
In recent years, the Indian stock market has set multiple historical highs, with the Nifty 50 index doubling within five years. The once deserted Indian market has been inundated with millions of retail investors and gamblers who are eager to get rich overnight.
India Growth Likely to Slow But Keep Outpacing Regional Peers -- Market Talk
India's Goods Exports, Imports Grow in June
After reaching a new high, the Indian stock market took a short break. Mahindra's drag caused the large cap to experience the largest drop in over a month.
After reaching a historical high on Tuesday, the Nifty 50 index in India fell back on Wednesday.
India's IPO frenzy attracts retail investors, and new shares soar 57% to lead the market.
According to the Zhitong Finance APP, with the rise of new stocks far exceeding the SSE mega-cap index and overseas markets, it is expected that individual investors will continue to flock to India's IPO market this year.
Foreign investors are crazily buying assets in India, including bonds and stocks.
Foreign capital is frantically buying India's assets, bonds and stocks. Since the announcement of the Indian general election results in early June, foreign investors have returned to the Indian stock market. Combined with the buying from Indian local investors, it has pushed India's stock market to a historic high. Today, India's Nifty50 index hit a historic high of 24,401.20 points. According to media data, since the election results of Modi were announced on June 4th, foreign capital has gradually returned to India. In the past month, the amount of net foreign investment in the Indian stock market has reached $4 billion, indicating that investors' concerns about the continuity of Modi's coalition government policies have dissipated.
India's Earnings Season Not Mumbai Rains To Dampen Spirits For Nifty 50 Firms
India's Nifty 50 Posts Another Record Close, Longest Weekly Rising Streak of 2024
India's stock market standing in the wind, the new highs turned into the previous highs in a blink.
Considering the large-scale inflow of funds brought by the future MSCI emerging markets index rebalancing, as well as the massive infrastructure plan and consumer-boosting strategy proposed by Indian Prime Minister Modi, Wall Street remains firmly bullish on the performance of the Indian stock market.
India Set for Billions in Foreign Inflows as Government Bonds Debut on JPMorgan Index
First Trust NIFTY Declares $0.0612 Dividend
India Election: Stocks Crash as Expectations of Landslide Win for Modi Fade
India Shares Fall as Modi-Led Alliance Faces Narrower Victory Margin
Expectations were too high! India suffered the 'triple blow' of stocks, bonds, and currency.
Bullish in the long term.