Foreign institutional investors (FIIs) slashed their stake in HDFC Bank by nearly 4 percentage points in the March quarter, offloading 47.95 crore shares as the lender’s stock cratered 26% amid a governance crisis that triggered regulatory scrutiny and wiped billions off its market value. FII holdings in India’s largest private lender fell to 44.05% at…
Foreign institutional investors are unleashing a brutal sell-off in Indian equities in early 2026, with banks, IT, FMCG and consumer stocks bearing the brunt of a Rs 19,015 crore exodus in the first fortnight of January as Q3 earnings disappoint, geopolitical tensions escalate and delays in the India-US trade deal pile pressure on the rupee….
Welcome to a brand-new episode of ET Market Watch! Your daily dose of market updates, stock movements, trends & more. This is your host Neha V Mahajan, Let’s dive into it 1. – Sensex gained 318.74 points, closed at 77,042.82. – Nifty 50 rose 98.60 points and ended at 23,311 2. Key Sector Movers: –…
Indian headline indices broke their four sessions losing streak helped by gains in banks and auto stocks notwithstanding a selling pressure in IT stocks. The mood was upbeat also because the December CPI inflation eased to its four-month low of 5.22%. While the S&P BSE Sensex settled at 76,499.63, gaining by 169.62 points or 0.22%,…
Bank of America (BAC) stock has faced a significant decline over the past three weeks, reflecting broader economic concerns. Recent U.S. economic indicators have raised fears of a potential recession. A weak jobs report showed an increase in unemployment, which has amplified investor anxiety about the economy’s health and its potential impact on consumer spending….