Indian savers are increasingly shifting money from fixed deposits to equities and mutual funds, signaling a major change in household finance. Lower and more uncertain FD returns, improving access to mutual funds via fintech, and greater comfort with market-linked investing are pushing savers to seek higher long-term growth. The result: a rapid transition from safety-first to returns-focused portfolios.
Websol Energy shares have jumped nearly 27% across three sessions as fresh buying followed Vijay Kedia’s stake purchase and mounting expectations of a dividend. Promoter buying and improving sentiment have added momentum, but traders are now focused on the upcoming board meeting for Q4 results and a possible dividend decision that could move the stock further.
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Japan’s Nikkei closed at a record high, extending a third straight weekly gain. Investors were buoyed by upbeat technology sector earnings, which helped absorb lingering uncertainty tied to possible developments in the Middle East. Despite concerns about a potential peace deal, risk appetite stayed focused on corporate results and growth signals.
During India’s March selloff, mutual funds are estimated to have deployed about Rs 80,000 crore into equities, cutting back cash holdings as they moved to offset heavy foreign institutional investor selling. The purchases arrived during an over 11% market correction and amid rising crude oil prices tied to the Gulf crisis, underscoring a sharp inverse link between oil and Indian equities.
Indian equities have trailed global peers over the past year, hurt by soft earnings, elevated valuations, and foreign investors trimming holdings. The picture may be improving incrementally as valuations look more reasonable and policy reforms, along with global shifts, could draw fresh flows. Analysts suggest a potential rebound within 12 months, with attention turning to specific sectors.
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