Foreign investors have taken a month -long sales march and are positive in Indian stocks.
The Indian market has been selling RS 2 LAKH CRORE for the past four months and facing the brutal anger of foreign investors. In January alone, foreign leaks reached 76,551 rupees.
In February 4, Indian stocks witnessed the sale of 5,529 rupees.
The headline index of India increased by more than 1.6% on Tuesday, and prevented the fear of trade wars focused on global stocks, even if the United States struck a temporary suspension of tariffs with Mexico and Canada.
G Chokkalingam, the founder and research director of Equinomics Research, said, “Today, the actual trigger of the Indian market was a tariff in Mexico and Canada, and the United States was ready to negotiate.
Compared to Mexico, Canada and China, India’s exports to the United States are relatively small, so investors will not attract Trump’s investigation, Chokkalingam said. It threatens to extend the four -month defeat. But this makes the stock relatively cheaper. SmallCaps and Midcaps increased 1.1% and 1.6%, respectively.
State -owned companies rose 2.7% after the previous two sessions decreased by 6.3%, and crude oil prices and defense companies were led by oil marketing companies leading the order with potential jumps.
Analysts say India has excellent performance in a weak market in the global market, and has triggered the rapid surge in domestic stocks as rebounding in global emotions.
Vinod Nair, the research director of Geojit, said, “While the overall market sentiment is positive, large stocks are preferred. Meanwhile, bank stocks are rallying, hoping to cut interest rates at the first meeting of the new governor, the RBI policy this week. Financial service.
(Exemptions: Recommendations, proposals, views, and opinions provided by experts are itself.
