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Total Foreign Direct Investment (FDI) inflow rose to $27.37 billion during the first four months of 2021-22. In the year-ago period, the same was at $16.92 billion.

Rai’s reappointment was the only proposal that didn’t get a requisite vote. Other proposals such as the appointment of Jaimini Bhagwati and Anil Singhvi as independent directors received shareholder nod.

Evergrande may be in crisis, but Indian real estate companies are far from one. Godrej Properties’ announcement that it sold units worth Rs 575 crore on the first day of the opening of Phase 2 of its Godrej Woods in Noida sparked solid buying in realty stocks.

While the markets are cautiously watching for the historical unwinding of liquidity scenario, we believe that event of global central banks tapering their asset purchases is still a quarter or two away and the subsequent increase in interest globally will take longer than that.

There are different compelling reasons for considering investments in international equities. While India is one of the leading emerging economies, India’s equity market capitalisation is just around 3 per cent of global equity market capitalisation.

In the last 13 months, silver has tanked as much as Rs 18,250 from its peak of Rs 77,949 hit in August 2020. In the last couple of weeks, it has shed more than Rs 5,200 in the spot market.

“After Sony comes in, it will create the largest media company in India and one of the largest in the world. ”

Nifty50 formed a small-bodied bearish candle on the daily scale and closed flattish, but was hovering near to the highs of previous session.

Analysts said the 17,500-17,430 range is likely offer some support to the index. A sustained move above the 17,600 level is a must for the index momentum to stay positive, they said.

“Zee has got a more sustainable strategy and so having Punit as MD for the combined entity should translate into gains for Sony’s business in terms of cost generic also.”