{
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foreign institutional investors remain cautious amid high valuations in india
Foreign institutional investors (FIIs) have recently halted a 38-day selling streak in Indian markets, driven by MSCI index rebalancing and political stability after the BJP-led NDA's victory in Maharashtra. However, skepticism remains as FIIs continue to express negative sentiment towards India, citing high valuations and a challenging earnings outlook. Analysts predict mid-teens growth for Nifty companies in FY25 and early FY26, suggesting potential for further earnings downgrades amidst steep valuations across sectors.
Moneycontrol
Prestige Estates Projects Limited Ola IND Sanjeev Prasad
Finance & Economy, Market Report
03:04 28.11.2024
Ola's market share surges amid sluggish electric two-wheeler sales in 2024
Ola has achieved a remarkable 30 percent sales growth in 2024, despite a sluggish electric two-wheeler market, which saw only a 6.3 percent increase. The company now holds a 39 percent share of the total electric two-wheeler sales, up from 32 percent in 2023, according to Vahan registration data.
Moneycontrol
Ola IND Bhavish Aggarwal
Finance & Economy, Market Report
13:48 25.10.2024
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