Latest news with #AlexGabrielSimon
Bloomberg
28-05-2025
- Business
- Bloomberg
Indian Stock Bulls Count on June For Sustained Gains
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Alex Gabriel Simon, an equities reporter in Mumbai. Indian stocks may open lower this morning despite strong global market gains, as traders take a wait-and-watch approach amid limited triggers and sluggish foreign fund flows. However, ITC shares will be in focus due to British American Tobacco's planned sale of a stake worth at least $1.36 billion.
Bloomberg
01-04-2025
- Business
- Bloomberg
Big Take Asia: Stock Market Fraud Is Booming in India
India's historic stock market surge sparked a retail-investing frenzy that minted millionaires. But the boom also became a breeding ground for financial scams. On today's Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg's Alex Gabriel Simon about the retail investors that have been cheated out of their life savings, and how this influx of scams could undermine Prime Minister Narendra Modi's efforts to promote his nation's stock market to global money managers.
Bloomberg
21-03-2025
- Business
- Bloomberg
Indian Defense Stocks Become Months Best Performer on Eurozone Military Spending
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Alex Gabriel Simon, an equities reporter in Mumbai. Indian equities are set for their best weekly gain in nearly three years, with Nifty futures signaling modest gains for the benchmark. That said, it remains too early to signal an all-clear for a full-on market rally, as concerns over US tariff moves linger. Meanwhile, traders will be keeping a close eye on software exporters after Accenture warns Elon Musk's DOGE is hurting sales.
Bloomberg
07-03-2025
- Business
- Bloomberg
Indian Investors Bet on Hang Seng ETF, EU Military Spending Plan Fires Up Defense Stocks
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Alex Gabriel Simon, an equities reporter in Mumbai. While traders try to come to terms with US President Donald Trump's tariffs and the ensuing flip-flops, investors in India are taking comfort in the fresh liquidity support from the central bank. While futures are indicating a positive start, the weakness in Asian markets this morning could limit upside.
