The last several weeks have been a roller-coaster ride for many tech investors. The Nasdaq Composite declined through most of April but has come roaring right back in May. The index is now sitting at all-time highs, up 11% year to date after rallying for much of 2023 as well. Despite the strong performance of late, there are still attractive buys in the tech world.
Open FlipWith all data now available, March diesel share is confirmed at 15.1% of new car sales in the region with April coming in at the same figure and unlikely to change much, with just three of the smaller markets’ figures unknown at the time of writing. The subdued BEV market continued into April and while there is growth in that segment it is modest (+8.4% YTD to April).
Open FlipThe Reserve Bank of India (RBI) bought net $13.249 billion in the spot foreign exchange market in March, according to the central bank’s monthly Bulletin.The central bank in the Bulletin said that it purchased $14.841 billion and sold $1.592 billion during the period. In February, the central bank had bought a net of $8.557 billion in the spot market.
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