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It appears that foreign portfolio investors (FPIs), who were aggressively buying Indian equities in April and early May in the cash segment, are now turning cautious and potentially selling at higher levels. FPIs’ buying of Indian equities stood at a meagre ₹135.98 crore on May 26, even as the Nifty 50 closed with a healthy…
New Delhi [India], May 25 (ANI): Government-owned insurer Life Insurance Corporation of India (LIC) has earned a Guinness World Records title for selling the most life insurance policies in 24 hours. This historic achievement, verified by Guinness World Records, recognises the extraordinary performance of the corporation’s dedicated agency network on January 20, 2025. The state-owned…
NICOSIA, Cyprus (AP) — Cyprus won’t stop launching legal proceedings against realtors and developers who illegally make money off Greek Cypriot properties in the breakaway north of the ethnically divided island nation, with four such cases currently being adjudicated, an official said Friday. A Ukrainian man, a German national and two Israelis — among them…
Buffered exchange-traded funds protect you against stock market losses, but you have to give up part of your upside in return. The ETFs are selling strongly so far this year with the S&P 500 down about 9.8% on a total return basis. They appeal to retirees and other conservative investors. According to FactSet, investors have…
Last week, I wrote the dice was loaded against bulls. Sure enough, the markets continued on their downward spiral. However, the intensity of the sell-off appeared to be slowing down, at least temporarily. Retail traders, on their part, appeared to be relatively unfazed by the record-high statistical ßeta (pure price volatility). They continued to buy,…