The Indian market ended in red on Monday, pressured by selling in heavyweight lenders like HDFC Bank and ICICI Bank, along with declines in auto stocks. The session saw subdued trading volumes as markets approach year-end. The benchmark BSE Sensex lost 450.94 points or 0.57% to close at 78,248.13, while the broader Nifty 50 index…
The trend of FII selling in Indian equities continued into December, with net outflows reaching Rs 656 crore so far. However, the pace of selling has slowed considerably compared to the more aggressive outflows observed in October and November. For 2024 till 27th December, FIIs net sold equity for Rs 1,19,277 crore through the exchanges….
The Indian market was closed on Wednesday, December 25 on account of the Christmas holiday, while on Tuesday, Indian benchmark indices ended marginally lower, as losses in heavyweight financial and IT stocks offset gains in consumer and auto stocks. With the holiday-truncated week lacking major triggers, analysts expect range bound moves for the benchmark indices…
Even as foreign investments in Indian equities remained patchy in 2024, Foreign Portfolio Investors (FPIs) were quite severe on two sectors viz. financials and oil & gas where they sold shares worth over Rs 1 lakh crore. They have been net sellers in a month on five occasions while remaining net buyers seven times. As…
Foreign portfolio investors (FPIs) recorded net equity inflows of Rs 21,789 crore in December so far, marking a significant reversal after months of heavy outflows. With this surge in December, FPIs have experienced a total net inflow of Rs 6,770 crore in 2024, compared to outflows of Rs 15,019 crore at the end of November….
The Indian market reversed early losses to end in green on Friday. The IT stocks gained on a near-certain U.S. rate cut anticipation while consumer stocks staged a recovery after declining 1% as domestic inflation data showed that rural and urban food inflation remained elevated. The benchmark BSE Sensex gained 843.16 points or 1.04% to…
Foreign Institutional Investors (FIIs) returned as buyers in December after heavy selling in October and November, fueling the market’s recovery from November lows, purchasing equities worth Rs 14,435 crore through exchanges as of December 13. The total FII buying, including exchange purchases and investments through the ‘primary market and others’ category, reached Rs 22,765 crore…
The Indian market ended in red on Thursday as a surge in rate-sensitive IT stocks due to the near-certainty of a U.S. rate cut next week was offset by a decline in almost all other sectors on caution ahead of domestic inflation data. The benchmark S&P BSE Sensex slipped 236.18 points or 0.3% to settle…
Indian benchmark indices closed flat on Wednesday, with gains in consumer and IT stocks, as market participants awaited key inflation data from U.S and India for cues into the rate trajectories of the two countries. The benchmark S&P BSE Sensex rose 16.09 points or 0.02% to settle at 81,526.14, while the broader Nifty 50 index…
Indian benchmark indices snapped their five-session winning streak on Friday in a highly volatile trading session, after the Reserve Bank of India (RBI) cut the cash reserve ratio by 50 basis points to ease liquidity conditions, kept interest rates unchanged, and lowered the GDP growth projection. The benchmark S&P BSE Sensex declined by 56.74 points,…