Nearly 75% of car buyers in India visit showrooms after having gone online to make such inquiries, with about half already having made up their minds.
The extent of downgrade was sharper than the reduction in the past 2 quarters.
Unlike their parents, new generation buyers doesn’t want foot-of-the-ladder entry-level car, and are instead buying feature-laden machines with their first paychecks.
The total AUM of domestic mutual funds is 12 per cent of the GDP as compared to the global average of 55 per cent.
Incremental inflow from quants, ETFs and hedge funds may see a slowdown.
The rush into equity is being fuelled by the accommodative policy of several central banks.
The oil-to-telecom major is scheduled to announce its quarterly results today.
The softness in the US dollar is helping investors to raise wager on emerging markets.
FPIs hold 20.08% stake in ITC, based on the company's March filing.
The premium valuation of India's largest car maker is expected to sustain in the medium term.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon