India remains an outperformer over a slightly longer period of three months – up 8%.
Nifty 50 had gained 2.5 per cent in the month following the 2017 Budget.
Going by the latest data points, it looks highly likely that the deficit could be breached.
Of the top 15 FII-heavy stocks, Bajaj Finance was the best performer.
Current LME aluminium prices are at $1,850 per tonne.
In dollar terms, India has been the best-performing market in the past three months.
Stricter compliance norms have helped Titan gain market share in the jewellery business.
France, Germany, US, UK and Japan markets are down by near 10 per cent or more.
LIC has also increased its holding to 11 per cent in Indiabulls Housing Finance.
ABFRL will open around 300 new stores in FY19 across business segments.
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