BJP

foreign institutional investors: FIIs sell shares worth Rs 6,868 crore on Thursday; DIIs net buyers at Rs 3,718 crore

by
foreign institutional investors: FIIs sell shares worth Rs 6,868 crore on Thursday; DIIs net buyers at Rs 3,718 crore

Foreign institutional investors (FIIs) continued their selling spree on Thursday, offloading Indian equities worth Rs 6,867.72 crore even as domestic buyers remained net buyers at Rs 3,718.38 crore. Notwithstanding the sell-off by foreign investors, Indian headline indices on Thursday ended in the green for the second day in a row aided by strong gains in … Read more

stock market manipulation: TMC MP asks Sebi to investigate stock market manipulation through exit polls

by
stock market manipulation: TMC MP asks Sebi to investigate stock market manipulation through exit polls

Mumbai: TMC MP Saket Gokhale has asked securities market regulator Sebi to investigate the June 3 stock market manipulation triggered by election exit polls. In a letter to Sebi chief Madhabi Puri Buch, Gokhale said multiple exit polls predicted a landslide win for the BJP. But, one exit poll predicted “extremely strange” and “inflated seat … Read more

clsa india portfolio: CLSA tweaks India portfolio, fears de-rating in expensive capex stocks

by
clsa india portfolio: CLSA tweaks India portfolio, fears de-rating in expensive capex stocks

With Prime Minister Narendra Modi-led BJP failing to secure a simple majority on its own in the Lok Sabha election, global brokerage firm CLSA has tweaked its India portfolio to make it more defensive. It has replaced L&T with HCL Tech in India-focus portfolio. “Recognising these uncertainties, we take out L&T from our India focus … Read more

major Sensex falls: 5 past instances when Sensex has seen bigger falls than today’s intraday slide – ​Looking Back

by
major Sensex falls: 5 past instances when Sensex has seen bigger falls than today’s intraday slide – ​Looking Back

Jun 04, 2024, 03:51:13 PM IST Sensex fell 8.5 per cent or 6,235 points on Tuesday, experiencing its biggest drop since March 2020, when the world was reeling from the impact of Covid-19. Sensex erased all gains it made in the 2024 calendar year and fell below the 70,500 threshold after the polls, indicating that … Read more

market volatility: Will FIIs return to India or will valuations still keep them away? Vinay Jaising explains

by
market volatility: Will FIIs return to India or will valuations still keep them away? Vinay Jaising explains

“A single party or coalition getting more than 272 seats to form a stable government is crucial. If we look a week ahead and consider the steady inflows from domestic investors, they’re already favoring a stable government,” says Vinay Jaising, JM Financial. Firstly, let’s discuss the market volatility we are seeing just ahead of the … Read more

market dip: Thematic focus on infra, renewables and real estate likely to continue: Harsh Gupta Madhusudan

by
market dip: Thematic focus on infra, renewables and real estate likely to continue: Harsh Gupta Madhusudan

“The recent pressure on the benchmark indices this week isn’t primarily due to concerns about the election results. There’s a broad consensus that the BJP will secure a simple majority. The debate is more about the exact number of seats,” says Harsh Gupta Madhusudan, NSE International Exchange.First of all, how are you viewing the election … Read more

Nifty: Nifty option premium surges ahead of election results, use Iron Butterfly strategy: Anand James

by
Nifty: Nifty option premium surges ahead of election results, use Iron Butterfly strategy: Anand James

With a surge in Nifty option premium for 6th June contract, a directional bet is fraught with high risk and therefore traders can deploy Iron Butterfly strategy, says Anand James, Chief Market Strategist, Geojit Financial Services. “At the centre of the Iron Butterfly is a short straddle with a short PE and short CE as … Read more

FII and retail positioning ahead of election results look scary, warns Rupak De of LKP Securities

by
FII and retail positioning ahead of election results look scary, warns Rupak De of LKP Securities

Ahead of the much-anticipated outcome of the Lok Sabha election results, the FII long-short ratio stands at a multi-year high of 87% shorts in the index futures, coupled with heavy selling in the cash market. On the other hand, retail investors are holding highly leveraged long positions. “Both these factors are a bit scary. That … Read more

Indian market: Markets optimistic but ‘mistakenly euphoric’, says Kotak Institutional Equities

by
Indian market: Markets optimistic but ‘mistakenly euphoric’, says Kotak Institutional Equities

Mumbai: Kotak Institutional Equities said the Indian market continues to be a mix of being “rightfully optimistic and mistakenly euphoric”. The brokerage said parts of the market rightfully reflect the strength of the Indian economy and its long-term growth prospects, while the other parts reflect “extreme euphoria linked to baseless narratives.” Kotak said the market … Read more

IHCL: India well poised to benefit from great opportunities coming from hotels and hospitality sector: Puneet Chhatwal, IHCL

by
IHCL: India well poised to benefit from great opportunities coming from hotels and hospitality sector: Puneet Chhatwal, IHCL

“Achche din ki sabse badi guarantee hai the growth in the GDP. So, India having reached fifth largest economy status and all the pundits and all the gurus from IMF to investment houses to all the economists predict that India will be number three in a very short duration of time,” says Puneet Chhatwal, MD … Read more