Street Signs: Fed rate cut foreshadow, fair value compass, and more
Article Summary
-Fed rate cut foreshadow: Foreign flows shift India’s market tectonic plates
Foreign portfolio investors (FPIs) made an unexpected move into Indian equities last week, injecting over $2 billion (around Rs 17,300 crore) and driving the National Stock Exchange Nifty 50 up by 2 per cent. This sudden influx of FPI capital surprised market...