Indigenous Investors Weekly Insights!
Top 3 well curated stories from the stable of Indigenous Investors incase you missed them. These can range from finance to sports, depends on what made the headlines. Stay tuned.
At Indigenous Investors, we pride ourselves on a simple but powerful habit: reading for 5 hours every single day. It’s something we’ve shamelessly borrowed from the Oracle of Omaha, Mr. Warren Buffet. To share the wealth of knowledge we uncover, we’re bringing you 3 top stories that you may have missed this week. If there’s a topic you want us to cover, drop us a line! We’re always excited to read more and refine our process.
Story #1: The attraction of China is pulling away investments from India
In the last week, the Chinese government released a stimulus package in order to increase liquidity and generate demand, especially in the sectors like finance and real estate. The global investors sold shares worth over Rs 37,000 crores from the Indian bourses that led to a sharp decline of 4.5% of market cap.
Story #2: The RBI is in the mood to hold their horses while the world is cutting interest rates
While the economies across the globe struggles with their internal demand, India remains as an outlier with strong internal demand, growing economy and stable policies. The prime reasons why India is able to attract billions of dollars of foreign investment. However, now that the world has started cutting interest rates to steer spending and give a much needed push to their economies, should India follow suit to maintain its attractiveness or maintain status quo?
Story #3: Biggest IPO in theHistory - Hyundai IPO
India is witnessing an IPO from an automaker after more than 2 decades (last being Maruti in 2003). The IPO is worth close to Rs 28,000 crores and is a complete offer for sale. It means that all proceeds from the listing will go to the current investors of the company. The market so far has given mixed reviews with a group of investors looking to benefit from its long term prospects while another group of investors raising concerns regarding its listing valuation.
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