Softer First Quarter Earnings Pull India's NIFTY Down By 1%Mani
Mirroring softer 1Q earnings and weaker sentiment globally, India's NIFTY dropped 1% last week, with 9 out of 19 stocks missing estimates.
Sunil Koul and team at Goldman Sachs in their July 24, 2015 report “India Weekly Kickstart” point out that Indian equities witnessed foreign inflows of $170 million last week.
Goldman Sachs retains overweight on India
Analysing the fund flows, Koul and colleagues at . . .
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