US-India Trade Negotiations Nearing Conclusion and Adani Ports to Acquire Evos
- 1Indian Commerce Minister Piyush Goyal confirmed that most trade negotiation discussions have been finalized.
- 2Adani Ports and Special Economic Zone will acquire Evos in an all-cash deal valued at 2.56 billion euros.
- 3If global investors neutralize India's undervalued weight, expected foreign capital inflows into the Indian market are 115 billion dollars.
So what's the key point?
Trade negotiations between the US and India are nearly finished, and Adani Ports has decided to buy Evos. There is a possibility that 115 billion dollars in foreign money could flow into the Indian market.
Source CNBC · View original ↗
Nothing hidden: past picks and how they did against the S&P 500.