i4E Monthly Newsletter August 2023

Indian students are increasingly choosing to study abroad in Germany, where they make up the majority of international students.

Jharkhand CM Hemant Soren announced that his government would soon be coming up with a 100 percent free scholarship programme for students

In the first week of August, equity markets worldwide experienced volatility following the relentless rally between April to July. Broader markets i.e., the Midcap & Smallcap categories appear to the most stretched, hinting towards a waterfall kind of a situation.?Given that broader markets are already sitting at an overbought territory, market participants should focus on defensive sectors such as IT software and pharmaceuticals.?

Inflows into Indian equities Mutual Funds increased for the 29th consecutive month witnessing an inflow of Rs 7,505 crore in July 2023.

i4E Top recommendations for the month are from the defensive Pharma, FMCG & IT.??