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FIIs outflows near Rs 1 trillion so far in 2018

Monday, December 17, 2018, 8:17 PM

Foreign investors' portfolio investments have long been known as 'hot money' that comes in fast but can go-out even faster and it is the outward journey that seems to be the underlying theme for the Indian capital markets as 2018 draws to a close, with net outflows nearing the Rs.1L Cr mark. Before 2018, FPIs were net buyers of Indian equities for six-consecutive years.
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4 years since Senvion sale, turnaround continues to elude Suzlon

Monday, December 17, 2018, 8:15 PM

Shares of Suzlon Energy Ltd gained 3.8% last week after the Economic Times reported that the company is in talks to sell stake in its services unit to pare debt. The company also said it has won a 50.4 megawatt (MW) order. It is part of the pipeline of orders Suzlon indicated earlier. With this, Suzlon's order backlog rises by 4.8% to 1,107MW.
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Gold prices fall sharply today but silver rates steady

Monday, December 17, 2018, 8:14 PM

Weak demand from domestic jewellers and lower global prices sent gold rates lower today. Gold prices today fell by Rs.190 to Rs.32,000 per 10 gram. This is the second consecutive day gold prices have seen sharp declines. Gold rates had declined Rs.160 on Saturday. Silver prices however remained steady today at Rs.38,400/kg. Gold rates fell today, extending the two-day decline to nearly Rs.350.

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