Indian headline indices ended with sharp cuts on Monday dragged by a sell-off in banks, auto and consumer stocks. The escalation in the Iran-Israel war, elevated crude oil prices, and the rupee’s fresh lifetime lows further dented market confidence. The broader Nifty plunged 601.85 points, or 2.6%, to close at 22,512.65, while the 30-share Sensex…
Indian benchmark indices ended sharply lower on Thursday, marking their second straight day of losses as the ongoing Iran–Israel/US conflict continued to weigh on investor sentiment. Auto, consumer and financial stocks led the decline, although commodity counters witnessed selective buying. In a volatile trading session, the broader Nifty 50 dropped 227.70 points, or 0.95%, to…
Amid the ongoing volatility and market-wide corrections, investors are grappling with the dilemma of where to allocate capital: largecaps, or the more volatile mid and smallcaps. Weighing in on this debate, Gurmeet Chadha, Managing Partner and Chief Investment Officer at Complete Circle Consultants, shared his perspective on X, urging investors to adopt a medium- to…
Mumbai: India’s equity indices declined 0.5% on Friday, mirroring the overnight weakness on Wall Street, as concerns over the valuations of technology giants overshadowed strong earnings by Nvidia a day before. The NSE Nifty finished at 26,068, down 0.5%, or 124 points. The BSE Sensex ended at 85,231, down 0.5%, or 400 points. Nifty and…
Based private equity investor Advent International‘s affiliate Jomei Investments has exited its entire 2% equity stake in India’s Aditya Birla Capital, exchange data showed on Tuesday. Jomei sold its 53.2 million shares in the Indian financial services firm at 308 rupees per share, valuing the sale at 16.39 billion rupees ($186.47 million), according to Reuters…
Foreign Institutional Investors (FIIs) have been net sellers in August so far, offloading equities worth Rs 20,975 crore. In this holiday-truncated week, FPIs sold Indian equities in each of the four trading sessions. They sold shares worth Rs 10,173 crore during the week. On Friday, FIIs outflows stood at Rs 1,926.8 while the domestic institutional…
India has gone from fund managers’ top Asian stock market pick to their least preferred in just three months amid US President Donald Trump’s tariff escalation, according to a Bank of America Corp. survey. In the most recent fund manager survey, 30% said they are underweight on India, followed by 20% for Thailand and 10%…
Marking the highest-ever monthly selling spree, the foreign portfolio investors (FPIs) in India offloaded a staggering Rs 1,13,858 crore through the exchanges in the month of October. However, they remained active buyers in the primary market for the month. As opposed to the huge sell-off in the secondary market, the FPIs invested Rs 19,842 crore…