No fundamental challenges to India’s growth story despite FPI selling, says NSE Chief Business Officer
Amid sustained selling by foreign portfolio investors (FPIs) in the Indian stock markets, Sriram Krishnan, Chief Business Officer of the National Stock Exchange (NSE), expressed confidence in the resilience of India’s growth story. He emphasized that the current FPI sell-off does not indicate any fundamental issue with India’s economic prospects and that India remains an…
READ MORE
As Trump towers, bulls of Donald Street take over
Mumbai: The election of Donald Trump as the next US President sent Indian equities surging on Wednesday. The benchmark indices gained over 1% each, led by information technology (IT) stocks, which soared on expectations that the sector will benefit from Trump’s plans to strengthen the US economy. The Nifty gained 1.1% or 270.75 points to…
READ MORE
Small and midcap stocks rally up to 44% in one week amid existing market weakness
Amid an overall weak market sentiment, individual small and midcap stocks enjoyed their northward rally with shares of WPIL Ltd surging by as high as 44.16% in just one week. Shares of Prudent Corporate Advisory Services rallied 40% to close the week at Rs 3,577.65 on the BSE. The stock had gained 14.75% in the…
READ MORE
FPIs net sell domestic equities worth Rs 58,711 crore in October so far on ‘Sell India, Buy China’ trend
Foreign Portfolio Investors (FPIs) have been net sellers of Indian equities at Rs 58,711 crore in October so far, wiping out a substantial portion of the overall inflows in 2024 in just 8 sessions. The total investments by them now stand at Rs 41,899 crore versus Rs 1,00,245 crore at the end of September. In…
READ MORE
Drop by drop, indices in deep water
Mumbai: Indian equities stretched losses to the sixth straight session on Monday. Overseas investors accelerated sales of stocks and spirited buying support from domestic institutions failed to stem the slide. The sell-off in mid-cap and small-cap stocks was sharper on Monday as individual investors-among their biggest holders-grew nervous about prospects in the wake of the…
READ MORE
F&O traders lose nearly Rs 2 lakh cr wealth in 3 years to March with just 7.2% profit rate
Retail traders made a combined net loss of ₹1.81 lakh crore in futures and options trading in the three years to March 2024 and only 7.2% of individual traders made a profit during this period, a study done by markets regulator Securities and Exchange Board of India (Sebi) showed. The number of retail traders has…
READ MORE
D-Street indices ride high on US Fed’s jumbo rate cut
India’s two frontline stock indices climbed to all-time highs during the trading session and bond yields retreated to a nearly 31-month low Thursday after the US central bank unexpectedly cut rates by half a percentage point overnight. But broader local gauges and export-laden technology counters fell over concerns the outsized reduction re flects hitherto unknown…
READ MORE
Higher overseas investments in G-secs may lead to an SLR cut: S&P Global
Elevated foreign inflows into government bonds following India’s inclusion in global bond indices may, over the long term, reduce banks’ role in financing the Centre’s debt and set the stage for a reduction in the statutory liquidity ratio (SLR), S&P Global’s economists said. “India’s inclusion in global indexes has increased foreign participation in local debt….
READ MORE
FPIs remain net sellers at Rs 21,201 crore in first fortnight of August. Here’s why
Foreign portfolio investors (FPIs) were net sellers of Indian equities in the first fortnight in August, offloading shares worth Rs 21,201 crore. The total investments by them now stand at Rs 14,365 crore, so far this year. In July, FPIs bought domestic shares worth Rs 32,365 crore while in June, they were net buyers at…
READ MORE