Serv Pvt. Ltd, attributed the December drop to profit-booking, a shift in sector preferences toward IPOs, and a pullback of foreign portfolio investors (FPIs) in anticipation of a stronger dollar and a weaker rupee. "Large-cap stocks were sold off to fund investments in IPO-related opportunities for better returns," Choksey explained. "I believe growth concerns are overblown, and see this as a buying opportunity."
Deepak Jasani, head of retail research at HDFC Securities, concurred, citing FPI net selling driven by year-end considerations and disappointing macro data, particularly weak corporate earnings. "Much of the FPI inflow has been diverted to the primary market, putting additional pressure on the secondary market," he added.
هذه القصة مأخوذة من طبعة December 25, 2024 من Mint Ahmedabad.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 25, 2024 من Mint Ahmedabad.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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