Foreign investors infused Rs 11,366 crore in the Indian debt market so far this month, pushing the net inflow tally in the debt segment to over the Rs 1-lakh-crore mark. Foreign investors’ strong buying interest in the Indian debt market can be attributed to India’s inclusion in JP Morgan’s Emerging Market government bond indices in … Read more
Retail investors, who are often ridiculed for buying at peak and selling in bear markets, played it smart this time. Suzlon Energy saw small investors book profits in the June quarter even as both the big boys – FIIs and mutual funds – bought. The shareholding of retail investors, who were early birds in the … Read more
Indian markets traded in consolidation mode this week despite the initial caution around the Hindenburg-Adani saga. However, positive global cues, including better US retail sales data and the decline in weekly jobless claims, helped the Sensex gain nearly 1%. During the week, about 43 stocks delivered double-digit weekly returns with three of them gaining over … Read more
Demand worries amid economic recession fears dragged down oil prices, but losses were limited due to the potential loss of supplies from the Middle East and an unexpected drawdown in US crude inventories.The Asian benchmark Brent crude dropped to a low of $75.05 a barrel last week, its lowest level since January. A similar selloff … Read more
FMCG and pharma stocks have rallied by up to 23% over the last month, demonstrating their reputation as defensive bets. In contrast, the Nifty50 index has slipped into the red amid high volatility, with the India VIX rising over 27% during the same period. At the index level, Nifty FMCG and Nifty Pharma have returned … Read more
Following a sharp 17% rally in Zomato shares amid blockbuster results, the new-age stock could rally to Rs 292 in the near term, with a stop loss at Rs 252-240, says Anand James, Chief Market Strategist at Geojit Financial Services. “Directional moving indicators and most oscillators point to strength and continuation of the uptrend. Fast … Read more
Will Nifty cross 25,000 this week? Fed meeting & 5 other factors to watch out for Driven by positive US GDP data, expectations of improved global demand and unflinching faith of domestic investors, the stock market has recovered all its post-Budget losses to leave many market veterans surprised. Given Friday’s momentum, Sensex looks poised to … Read more
Foreign investors injected Rs 30,772 crore into Indian equities so far this month, driven by hopes of continued policy reforms, sustained economic growth and a better-than-expected earnings season. Additionally, the anticipation of a reform-oriented budget has also lifted investor sentiment, Himanshu Srivastava, Associate Director – Manager Research at Morningstar Investment Research India, said. Going forward, … Read more
Mumbai : The renewed momentum in public sector stocks after the election results on June 4 have resulted in these entities adding nearly ₹12 lakh crore in market capitalisation in little over a month. So far in 2024, these stocks have gained nearly ₹22.5 lakh crore in market value, with the spike in the prices … Read more
As the June quarter earnings season began this week, FII inflow into Dalal Street has crossed the Rs 15,000 crore mark in June with analysts predicting that better than expected results of IT majors can attract more inflow. “FII flows will continue to be erratic, influenced by global factors. Better-than-expected results from IT majors who … Read more
