Apparently, concerned about the valuation differential in two parts of the market, foreign institutional investors (FIIs) have so far sold stocks worth Rs 28,671 crore through the exchanges but have been net buyers for Rs 12,367 crore through the primary market so far in August. As a result, the total net sell-off by FIIs in …
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 …
Will Nifty cross 25,000 this week? Fed meeting & 5 other factors to watch out forDriven 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 break …
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 have …
Indian benchmark equities hit a fresh all-time high on Friday, driven by IT stocks after heavyweight Tata Consultancy Services (TCS) surpassed revenue estimates for the June quarter.The BSE Sensex was trading over 900 points higher at 80,797. The Nifty50 was up 236 points, surpassing the 24,550 level for the first time. Shares of TCS, India’s …
Equity bulls are likely to have a field day out on Monday after the exit polls predicted a thumping majority for the ruling Bharatiya Janata Party (BJP) in Lok Sabha elections. The polls come as a shot in the arm given how the markets have been marred by election jitters throughout May. Most pollsters projected …
As exit poll results predict a hat-trick for Prime Minister Narendra Modi in Lok Sabha, the stock market looks poised for a rally on Monday as Nifty bulls are screaming ‘Abki baar 24,000 paar’. If the election result on June 4 also turns out to be in favour of Street favourite BJP, analysts see Nifty …
By selling Indian stocks worth nearly Rs 25,600 crore last month, foreign institutional investors (FIIs) followed the old Wall Street adage of ‘Sell in May and go away’. FIIs have dramatically increased their net shorts positions in index futures from 5,000 contracts on May 29 to 3.18 lakh on May 31. “The main trigger for …
Image Source: FILE Market Reverses Opening Gains as Sensex Falls 216 Points Equity benchmark indices witnessed a reversal of early gains and closed lower on Monday. Investors sold off telecom, power, and utility stocks amidst a bearish trend in global markets and profit booking. The 30-share BSE index, after reaching its lifetime high on Friday, …