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[hfe_template id='11223'] [ad_1] The NSE Nifty 50 Index surged to its highest level since October this week, fueled by optimism that India could be among the first to strike a deal with the US following upbeat comments by Trump. Corporate India has seized the momentum: Shapoorji Pallonji Group secured a $3.4 billion private credit deal, and Reliance Industries Ltd. locked in a $2.98 billion-equivalent loan, underscoring the rising appeal of the nation’s corporate debt to global investors. Behind this renewed enthusiasm lies a mix of favorable macroeconomic forces. Policymakers in New Delhi are targeting what they see as a once-in-a-generation chance to integrate the country more deeply into global supply chains. Meanwhile, in Mumbai, the Reserve Bank of India’s dovish stance is also supporting the bullish mood — bond yields are trading at their lowest levels in over three years. Bloomberg “India can be a big winner of Trump 2.0 if it plays its cards right,” said Trinh ...

[hfe_template id='11223'] [ad_1] Indian benchmark indices Sensex and Nifty50 traded higher on Wednesday, supported by gains in financial and IT stocks, after both U.S. and domestic inflation data for April came in lower than expected. The BSE Sensex jumped 518 points, or 0.64%, to 81,666, while the Nifty50 gained 184 points, or 0.75%, to trade at 24,762 around 10:20 am. U.S. consumer inflation rose 0.2% in April, below the 0.3% increase forecast by economists in a Reuters poll, easing concerns over further interest rate hikes by the Federal Reserve. Meanwhile, India's retail inflation eased to 3.16% in April, the lowest in six years and below the Reuters poll estimate of 3.27%, boosting hopes of a potential rate cut by the Reserve Bank of India. From the Sensex pack, Tata Steel, Bharti Airtel, L&T, Infosys, Tech Mahindra, and Bajaj Finserv were among the top gainers, rising 1–4%. On the other hand, Tata Motors, Asian Paints, Nestle India, IndusInd Bank, and HUL o...

[hfe_template id='11223'] [ad_1] The colour of "Operation Sindoor" was starkly split on trading screens across the subcontinent on Wednesday—blood red in Karachi and calm green in Mumbai. As India launched a tri-services strike on terror hubs across Pakistan and Pakistan-occupied Kashmir, Pakistan’s benchmark KSE-100 index sank 6%, while Indian equities overcame early jitters to trade higher, signalling investor confidence in domestic fundamentals. The military strike, in retaliation for the deadly April 22 attack in Pahalgam that killed 26 people, sent shockwaves through Pakistani markets. The KSE-100 index plunged 6,272 points, or 5.5%, to 107,296 in early trade, marking a sharp downturn after India’s surprise Operation Sindoor. In contrast, Dalal Street remained unfazed by the military escalation. After an initial dip, India’s equity markets recovered swiftly. The BSE Sensex rose 166 points, or 0.21%, to 80,802, while the Nifty 50 gained 59 points, or 0.24%,...

[hfe_template id='11223'] [ad_1] Global funds are returning to Indian stocks, signaling that this month’s rally in Asia’s best-performing equity market likely has more legs. Having largely been sellers in the months since Indian benchmarks scaled records in September, foreigners are coming back amid growing optimism that a domestically-driven economy will make the South Asian nation withstand the global trade war better than most peers. A sharp advance from this month’s low already boosted India’s market’s value by $489 billion to nearly $4.4 trillion at the end of last week. Overseas funds bought $589 million of Indian shares on a net basis last Friday, marking an eighth straight day of purchases, according to data compiled by Bloomberg. The buying streak means they have now invested about $680 million in April. At one point, they were sellers of more than $3 billion for the month. “Foreigners are coming back as India is perceived to be relatively better placed than oth...

[hfe_template id='11223'] [ad_1] The Indian stock market has had a wild ride in 2024 with the headline indices Sensex and Nifty flipping up and down. The market began the year on a subdued note, but then spiralled downwards reacting to announcements from Donald Trump. But then, that is not all. There were also short rallies in between, again completely driven by what was coming out of the US. In 2025 so far, Sensex was down 2% and the Nifty index fell just over 1%. President Donald Trump’s unpredictable moves, like slapping tariffs on trading partners one day and pausing them the next, have left traders and investors scratching their heads. No one is sure how the rest of the year is going pan out. Despite this chaos, experts say there’s still money to be made if investors play it smart. Here are five ways in which they can do so. Markets reacting to Trump's flip-flops There is a sense that investing right now can feel daunting. The market jumps or dips based on headl...

[hfe_template id='11223'] [ad_1] Indian benchmark indices logged record gains on Friday, mirroring the previous day's rally on Asian markets after US President Donald Trump announced a 90-day pause on reciprocal tariffs on Wednesday night. Indian markets had been closed on Thursday. The NSE Nifty rose 429.4 points or 1.9%, its highest single-day gain this year, to close at 22,828.55. The BSE Sensex rose 1,310.11 points or 1.8%, its highest daily advance since February 4, to end at 75,157.26. Both indices ended the week marginally lower at 0.3%. The Nifty Metal index was the top gainer of the day, up 4.1%, followed by the Consumer Durables, Pharmaceuticals and Oil and Gas Indices, which gained 2.2-3.2%. Elsewhere in Asia, sentiment was mixed. Japan fell 3%, South Korea declined 0.5%, China advanced 0.5%, Hong Kong rose 1.1% and Taiwan ended 2.8% up. The pan-Europe index Stoxx 600 stayed flat, ending 0.1% down. Live Events US stocks and the dollar dropped on Thursday a...

[hfe_template id='11223'] [ad_1] The Indian market was closed on Monday for a national holiday in observance of Eid al-Fitr 2025. On Friday, the Indian benchmark indices, Sensex and Nifty, ended in the red, pressured by declines in auto and IT stocks as investor sentiment turned cautious ahead of this week's announcement of US reciprocal tariffs. However, intraday volatility persisted, driven by foreign inflows and optimism about a domestic growth recovery. The benchmark BSE Sensex declined 191.51 points, or 0.25%, to close at 77,414.92, while the broader Nifty 50 index closed at 23,519.35, down 72.60 points, or 0.31%. Here's how analysts read the market pulse: Asian markets are experiencing a new phase of consolidation as the latest U.S. tariff measures are expected to have a significant impact on major manufacturing economies, said Vinod Nair, Head of Research at Geojit Investments, adding that a rise in Japan's CPI has contributed to the prevailing weaknes...

[hfe_template id='11223'] [ad_1] As Indian equity markets entered the month of March, the only question that was in the minds of investors was "how worse is it going to get?" But it was a sweet surprise for many, as stocks bounced back strongly from the lows, a recovery that was broad-based and much faster than expected. During March, the BSE Smallcap 250 index, which is a gauge of smallcap stocks, gained nearly 9%. This came after months of decline that started in October last year. The fall was very steep for some of these stocks before March. For instance, 145 stocks slipped between 25-66% in just one month of February. In a complete contrast in March, 86 smallcaps surged at least 20% or more, while 297 of them gained in double-digits. Further, nearly 29 stocks delivered returns of over 30%. NACL Industries, Power Mech Projects and SML Isuzu were the top gainers in the pack with a return of 74%. The declines, on the other hand, were only a handful. This rall...

[hfe_template id='11223'] [ad_1] The downturn in the Indian stock market, which began in October 2024, coincided with a slowdown in economic growth and corporate earnings. The post-COVID crash rally, which took the Nifty from 7,511 in March 2020 to 26,277 in September 2024, was fundamentally supported by GDP growth and earnings. During the three years from FY22 to FY24, GDP grew by 9.7%, 7.6%, and 9.2%, respectively. This growth was accompanied by strong earnings expansion, averaging above 20% during the period. However, the sharp deceleration in Q2 FY25 GDP growth to 5.4% (later revised to 5.6%) became the fundamental trigger for the market correction that began in October 2024. The earnings downgrade for FY25, from the initial estimate of 15% to 7%, further accelerated the market downtrend. Live Events Economists have been debating whether this dip in growth is cyclical or structural. While some structural factors have played a role, the slowdown is largely cyclical. F...

[hfe_template id='11223'] [ad_1] Indian equity benchmarks continued their upward momentum for the fifth consecutive session on Friday, driven by attractive large-cap valuations and renewed optimism over easing foreign outflows. The BSE Sensex rose by 0.73% to settle at 76,905, while the Nifty50 advanced by 0.69% to close at 23,350. Additionally, the Indian equity benchmarks outperformed their Asian peers for the week ending March 22, with the Nifty and Sensex delivering the strongest gains among regional indices. “The Nifty continues to move upward following a breakout from a falling trendline, supported by positive sentiment. During the last trading session, the index faced resistance at the 21-week exponential moving average, which is positioned at 23,382. A decisive move above 23,400 could propel the index higher by another 200 points, with the next resistance at 23,600. A clear breakout above 23,600 could trigger another leg of the rally. Conversely, failure to move ...

[hfe_template id='11223'] [ad_1] Indian equity indices opened in the red on Friday, snapping a four-session gaining streak, dragged by IT stocks amid concerns over discretionary spending in the U.S. The BSE Sensex was down 114 points, or 0.15%, at 76,234, while the Nifty50 slipped 14 points, or 0.06%, to 23,176 around 9:19 am. The Nifty IT index dropped over 2% after global IT consultancy firm Accenture warned of reduced discretionary spending. Accenture shares fell 7.3% overnight. Among Sensex stocks, Infosys, TCS, HCL Tech, Zomato, and Tech Mahindra were the top laggards, falling up to 2.3%. On the other hand, Bajaj Finance, Nestle India, Sun Pharma, Power Grid, and NTPC opened with gains. Live Events In individual stocks, Ola Electric Mobility surged 5% in early trade after the company attributed discrepancies in its February sales data to a temporary backlog caused by ongoing negotiations with vehicle registration vendors. Meanwhile, the FTSE March semi-annual review...

[hfe_template id='11223'] [ad_1] Global fund managers are in no rush to load up on Indian stocks even after an unprecedented losing streak has lowered equity valuations. That’s because the market is still grappling with challenges posed by an economic slowdown, profit downgrades and potential US tariffs. Traders looking for bargains within Asia are gravitating toward still-cheap Chinese equities, which are in the middle of a bull run sparked by developments in artificial intelligence. The sentiment illustrates how the highly touted stock rotation from China to India has gone into reverse as growth in the South Asian economy returns to a relatively slower pre-Covid norm amid a decline in consumption. Overseas investors have pulled almost $15 billion from local shares so far this year, putting outflows on track to surpass the record $17 billion registered in 2022. The selloff has wiped out $1.3 trillion from India’s market value. “Global investors would need to see sustain...

[hfe_template id='11223'] [ad_1] Shares of Indian Railway Finance Corporation (IRFC) surged as much as 3.7% on Tuesday to Rs 115.25 on the BSE after the Government of India granted the company a Navratna status, enhancing its financial and operational autonomy. The Department of Public Enterprises announced on Monday that IRFC and Indian Railway Catering and Tourism Corporation (IRCTC) have been accorded Navratna status, expanding the list of such Central Public Sector Enterprises (CPSEs) to 26. IRCTC shares also gained on Tuesday, rising as much as 0.7% to Rs 680.7 on the BSE. Navratna status empowers CPSEs with enhanced decision-making freedom, enabling them to undertake higher-value investments and strategic expansions without requiring prior government approval. IRFC, which operates under the Ministry of Railways, reported an annual turnover of Rs 26,644 crore and a profit after tax of Rs 6,412 crore for FY 2023-24, with a net worth of Rs 49,178 crore, according to g...

[hfe_template id='11223'] [ad_1] Foreign Portfolio Investors (FPIs) were net sellers of Indian equities in February and sold shares worth Rs 34,574 crore during the month. So far in 2025, they have offloaded shares worth Rs 1,12,601 crore. On Friday, the FIIs sold Indian equities worth Rs 11,639 crore, recording their worst single-day sell-off in February. In the 20 trading sessions, they were buyers on just two instances -- on February 18 when they had bought domestic shares worth Rs 4,786.6 crore and on February 4 when they purchased shares worth Rs 809.2 crore. In January, the FII were net sellers at Rs 78,027 crore. "Elevated valuations of Indian equities, alongside concerns about corporate earnings growth, have led to a sustained outflow of foreign portfolio investments (FPIs). The earnings reports for the third quarter of fiscal year 2025 have been modest, indicating an atmosphere of uncertainty. Revisions to forward earnings have struggled, with downgrades ou...

[hfe_template id='11223'] [ad_1] In a rare occurrence, India’s benchmark stock gauge and its volatility index have moved in tandem for seven straight days. To some market watchers, that signals traders are less concerned about further declines in large-cap shares. The NSE Nifty 50 Index has lost 14% from its peak in September as investors grew skeptical of the market’s steep valuations, with corporate earnings and economic growth starting to disappoint. In recent days, the India NSE Volatility Index also slid, on falling demand for options betting on moves in the benchmark equity gauge, which comprises mostly India’s heavyweights. “The lack of hedging signifies expectations of more stability in large-cap names,” said Sonam Srivastava, founder and chief executive officer at Wright Research in Mumbai. She added that bigger stocks may fare better should the market fall further, and that her company last week switched to hedges on mid-cap stocks rather than the Nifty 50. ETM...

[hfe_template id='11223'] [ad_1] Indian markets experienced a range-bound activity in the week gone by, but the tumultuous sessions continued with initial attempts of bulls ultimately faltering. The US President's announcement of reciprocal tariffs hit export-oriented sectors hard, particularly the pharma space. During the week, over 400 smallcap stocks delivered negative returns with 23 of them falling in double-digits. Suratwala Business Group was the top loser with a negative 53% return, followed by Best Agrolife (-31%), Dee Development Engineers (-27%), and PTC Industries (-21%). On the flip side, 52 stocks including KDDL, Sandur Manganese, Pennar Industries, Taj GVK Hotels, IKIO Lighting, Benares Hotels have offered returns between 10-40% during the week. In the BSE500 segment, nearly 225 stocks ended with cuts. Mahindra Logistics, Carborundum Universal, Vakrangee, CreditAccess Grameen, Natco Pharma, Crisil, Mahindra and Mahindra, Jamna Auto, The India Cements w...

[hfe_template id='11223'] [ad_1] Mumbai: Ambit Asset Management, in partnership with Japan's Daiwa Asset Management, raised ₹1,500 crore from Japanese retail investors through its GIFT City vehicle. Ambit which had earlier sold its alternative investment fund (AIF) business to Edelweiss in 2016, is now looking to double up on this space. "While many overseas funds have been consistently selling Indian equities over the past four months, Japanese retail investors are investing into the Indian stock market," said Ashok Wadhwa, Group CEO, Ambit. The new Japan-domiciled fund, Ambit India Ascention Fund, is an open-ended alternative investment fund with a 20-year horizon and the first small-cap fund for Japanese retail investors. The fund has a greenshoe option of another ₹500 crore which will be raised by March 31. In 2023, Japan's Daiwa Securities Group acquired a 23% stake in Ambit, the holding company. The Japanese firm subsequently picked up stake in Am...

[hfe_template id='11223'] [ad_1] Mumbai: Global index provider MSCI has included Hyundai Motor India in its Global Standard Index and removed Adani Green Energy from the measure as part of its February review. The changes, announced on Wednesday, will take effect after market close on February 28. Hyundai India launched its initial public offering (IPO) in October, raising ₹27,870 crore, making it the largest IPO in Indian stock market history. The stock is currently trading about 7.7% lower than its offer price of ₹1,960. The weights of IndusInd Bank, Zomato, Varun Beverages, Mankind Pharma, Torrent Pharmaceuticals, Dixon Technologies, PB Fintech, Adani Enterprises, and Voltas have increased in the MSCI Standard Index. According to Abhilash Pagaria of Nuvama Alternative & Quantitative Research, India's weight in the Emerging Markets (EM) index, currently around 18.8%, is expected to rise to 19% by the adjustment date. This will result in net passive inflows of $...

[hfe_template id='11223'] [ad_1] The Indian stock market will remain open for a special trading session on Saturday, February 1, 2025, as Finance Minister Nirmala Sitharaman presents the Union Budget 2025-26. The National Stock Exchange (NSE) and the BSE confirmed in a circular issued Monday that trading will take place as per regular market hours. Stock market timings on Budget day On Budget day, pre-market trading will begin at 9:00 AM and continue until 9:08 AM, followed by equity market trading from 9:15 AM to 3:30 PM. Commodity derivatives trading will remain open until 5:00 PM. However, despite the market operating as usual, February 1, 2025, is a Settlement Holiday, meaning trades and fund transactions from January 31 and February 1 will be settled on Monday, February 3, 2025. The T+0 settlement session will also remain suspended for the day. Why is the stock market open on Budget day? The decision to keep the market open on a Saturday aligns with past practices w...

[hfe_template id='11223'] [ad_1] The Nifty 50 index has fallen 11% from its peak, signaling a sharp correction across Indian equities. Despite the decline, Kotak Institutional Equities remains unconvinced about market prospects, warning that there is "no real value" to be found even after the pullback, citing stretched valuations, limited earnings growth potential, and unfavorable global macroeconomic conditions. “The recent sharp correction in the Indian market and across stocks of all caps does not change our cautious outlook, given full-to-frothy valuations in most parts of the market,” Kotak noted in its latest report. The brokerage highlighted three key concerns: earnings upgrades are unlikely due to overly aggressive assumptions, many stocks remain overvalued, and global bond yields are expected to stay higher for longer. Kotak projected earnings growth of 16% for FY26 and 14% for FY27 for the Nifty 50, with the index currently trading at 19.5 times FY26 ...