RBI's netbanking interoperability aids fintech growth. Amit Kapoor recommends infrastructure interoperability. Rohan Lakhaiyar highlights cost reduction benefits. Sunil Kulkarni praises UPI's expansion. R Gandhi pushes QR-code harmonization for merchant digitization.
Nifty has a short-term bottom at 21,710 and has its eyes set on a new all-time high with a potential to stretch higher till 23,000–23,100 from a one-month perspective.
But that's the seemingly outlandish threshold overseas funds were close to overhauling last month in gross purchases of Indian stocks - thanks to mouth-watering valuations for a raft of large-cap shares, and brightening re-rating prospects for many after conclusion of the biggest democratic exercise on the planet.
"If ever there was a compelling case for a more systematic approach to active management, it's now," said Donald Calcagni, chief investment officer of Mercer Advisors Investment Management and a buyer of active emerging-market ETFs.
EDF plans to divest clean energy assets in India to reduce $50B debt. Rothschild manages sales to investors like KKR, Actis. EDF's global renewables growth and NPCIL partnership aim for debt reduction.
Market participants say foreign investors are bullish about the country's prospects but are holding back a bit with uncertainty over the US Federal Reserve's interest rate actions looming and because of the National Elections.
NHPC rose from Rs 88.15 as of February 29 to Rs 89.70 recorded on March 28, 2024, which translates into an upside of 1.7%. However, on a weekly basis, it has risen over 6%. The stock rallied nearly 40% in the last three months.
'Wednesday' season 2 release date on Netflix is eagerly awaited and there has been some developments regarding this.