FPIs infuse over Rs 13,300 crore in equities in April so far amidst bullish economic outlook

FPIs infuse over Rs 13,300 crore in equities in April so far amidst bullish economic outlook

Foreign investors have infused over Rs 13,300 crore in Indian equities in the first two weeks of the month owing to a resilient domestic economy with promising growth prospects. Going ahead, concerns over changes in India-Mauritius tax treaty will weigh on Foreign Portfolio Investor (FPI) inflows in the near-term till clarity emerges on details of … Read more

Mcap of 4 of top 10 companies hit Rs 1.71 trillion; HDFC Bank, LIC lead gainers

Mcap of 4 of top 10 companies hit Rs 1.71 trillion; HDFC Bank, LIC lead gainers

Four of the top 10 valued firms added Rs 1,71,309.28 crore to their market valuation last week with HDFC Bank and Life Insurance Corporation of India (LIC) emerging as the biggest gainers in line with an overall positive trend in equities. On the other hand, six companies from the top 10 pack took a Rs … Read more

60% equity mutual funds fail to beat their benchmarks in FY24

60% equity mutual funds fail to beat their benchmarks in FY24

Around 60% equity mutual funds have failed to beat their respective benchmarks in FY24, an analysis of performance of equity mutual funds showed. There were around 248 equity mutual funds in the market. Out of 248 equity mutual funds,149 equity mutual funds have failed to outperform their respective benchmarks. In other words, only 99 equity … Read more

FPIs cautious on equities; take out Rs 3,776 cr in Feb so far on spike in US bond yields

FPIs cautious on equities; take out Rs 3,776 cr in Feb so far on spike in US bond yields

Foreign investors adopted a cautious approach offloading Indian equities worth close to Rs 3,776 crore so far this month owing to a spike in the US bond yields and uncertainty over the interest rate environment in the domestic as well as the global front. In contrast, they are bullish on the debt market and injected … Read more

Mcap of 4 most valued firms jumps Rs 2.18 lakh cr; LIC, SBI lead gainers

Mcap of 4 most valued firms jumps Rs 2.18 lakh cr; LIC, SBI lead gainers

Four of the top-10 most valued firms together added Rs 2.18 lakh crore in market valuation last week, with Life Insurance Corporation and State Bank of India emerging as the biggest gainers. From the top-10 pack, Reliance Industries, Tata Consultancy Services (TCS), Life Insurance Corporation of India (LIC) and SBI were the gainers. They collectively … Read more

Nifty clocks best gains in 34 months in December F&O series. Can it beat this show in January?

Nifty clocks best gains in 34 months in December F&O series. Can it beat this show in January?

Benchmark Nifty 50 rallied over 8% in the December derivative series, clocking its best gains in a series since February 2021. This was also the highest series gain by the index in 2023. Further, foreign institutional investors significantly increased their net long positions, taking the long-short ratio sharply higher to 2.28 at the beginning of … Read more

Mcap of three of 10 most valued firms jump Rs 70,312.7 cr; Reliance biggest winner

Mcap of three of 10 most valued firms jump Rs 70,312.7 cr; Reliance biggest winner

The combined market valuation of three of the 10 most valued firms jumped Rs 70,312.7 crore last week, with Reliance Industries emerging as the biggest winner, amid volatile market conditions. From the top 10 pack, Reliance Industries, HDFC Bank and Hindustan Unilever were the gainers, while Tata Consultancy Services (TCS), ICICI Bank, Infosys, State Bank … Read more

Penny stocks give large returns to D-Street investors, gain up to 67% last week

Penny stocks give large returns to D-Street investors, gain up to 67% last week

While benchmark indices are taking baby steps towards lifetime highs, the broader market and even penny stocks remained on the fast lane on Dalal Street. A total of 636 penny stocks gave index-beating returns in the week gone by. The S&P BSE Sensex was down 0.4% week-on-week. As many as 60 penny stocks have given … Read more

Dalal Street Week Ahead: Nifty at the cusp of decisive move, track these 2 factors

Dalal Street Week Ahead: Nifty at the cusp of decisive move, track these 2 factors

The uncertainty around the US Debt Ceiling remained as the US markets awaited some deal but stayed largely buoyant. Amid strong setup, the benchmark index closed near its crucial levels while posting a decent weekly gain of 295.95 points (+1.63%). We enter a “decisive” week; going by the technical setup on the charts, markets may … Read more