Indian consumer tech stocks outshine Chinese peers, signaling widening gap

Indian consumer tech stocks outshine Chinese peers, signaling widening gap

In a notable turn of events, Indian consumer technology stocks have seen a significant rise, outperforming their Chinese counterparts and highlighting the growing divergence between two of the world’s largest stock markets. Focusing on profitability and a thriving economy, India’s flagship internet stocks, including One 97 Communications Ltd. (parent company of Paytm) and Zomato Ltd.,…

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Wall Street sees mixed performance as positive US economic data boosts Treasury yields

Wall Street sees mixed performance as positive US economic data boosts Treasury yields

On Thursday, the US stock market showed mixed performance, while benchmark Treasury yields trended higher. This shift came as a result of encouraging economic data, which eased concerns about a possible recession but also raised expectations of a prolonged period of restrictive policies by the Federal Reserve. Financial stocks led gains, boosted by Federal Reserve…

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India ETFs attract record investments in 2023

India ETFs attract record investments in 2023

Investors are really interested in India! Money flowing into funds that track Indian stocks hit an all-time high in 2023. It’s something of a record year for these funds, called exchange-traded funds (ETFs). People feel positive about India even as important elections approach. Last year, these India-focused ETFs raised $8.6 billion in new money, surpassing…

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