Foreign portfolio investors (FPIs) have no impact on the markets, according to VS Sundaresan, executive director of Sebi. Strong domestic inflows are now supporting the indices, he said. Speaking at Assocham痴 capital markets summit The Re-set of Globalisation: Capital Formation@2047 for New India, Sundaresan said: 典en years back, Indian markets were completely driven by FPI […]
Udayshivakumar Infra IPO opened for subscription on 20 March and the issue has been booked 58% on day 1, with total bids of 1,15,51,292 shares. Qualified institutional buyers (QIBs) subscribed for 0.97 times of their reserved portion. Retail investors bid for 0.44 times of the shares reserved for RIIs. The NII portion garnered 73% bids […]
Indian domestic indices NSE Nifty and BSE Sensex close higher as bulls stage a comeback, snapping a two-day losing streak. Although the markets opened flat, Nifty gained over 150 points to settle above 18,400 at 18,420. Sensex closed up by 0.76%, at 61,806. The broader markets shifted from red to green intraday, with Nifty Next […]
Quarterly corporate results announcements and macroeconomic data along with FII flows, crude prices and movement of the rupee will keep the traders busy in this truncated week. On the first day of the month of May, the equity market remained closed for Maharashtra Day. Meanwhile, in the month of April, foreign investors (FII/FPI) bought equities […]
By Rajesh Palviya NSE Nifty 50 index closed at 17,617 with a loss of 639 points on a weekly basis last week. On the weekly chart, the index has formed a long bearish candle erasing previous week’s gain and has also closed below previous week’s low indicating weakness at current levels. The chart pattern suggests […]
Indian benchmark equity indices concluded Thursday’s volatile session in the red territory. Domestic indices rose in the early trading and fluctuated between green and red but breached the crucial levels in the last hour of trading. The BSE Sensex closed below 57,950, NSE Nifty 50 below 17100 and Bank Nifty concluded below 39,650. The top […]
Banking stocks were among the worst hit on Friday as Sensex and Nifty tumbled 2% each. The Bank Nifty, PSU Bank and Private Bank indices were the top losing sectoral indices on the NSE. The 30-share BSE Sensex tanked over 1200 points, falling below 59,000 points, and NSE Nifty 50 fell 400 points to below […]
Benchmark indices BSE Sensex and NSE Nifty trimmed the morning’s losses to trade in the green. Sensex gained 96 points, at 59,841 while Nifty 50 was up by 0.15% at 17,581. The broader markets traded flat. Sectorally, Nifty FMCG and Nifty Metal indices gained 0.8% and 0.9% respectively while Nifty Realty fell 1.1% in trade. […]
Foreign institutional investors (FII) sold shares worth a net Rs 872.59 crore while domestic institutional investors (DII) purchased shares worth a net Rs 372.87 crore on Wednesday, December 28, 2022, according to the data available on NSE. For the month till December 28, FII sold shares worth a net Rs 10,707.42 crore while DII bought […]
Nifty and Sensex may open flat amid mixed global cues. The Nifty futures on the Singapore Exchange were trading 6 pts or 0.03% higher at 17793 in the early morning trade. Asian markets were trading mixed, with Japan’s Nikkei 225 rising 0.53%, China’s Shanghai Composite climbing 0.38%, South Korea’s KOSPI dropping 0.17% and Hong Kong’s […]