
Telecom, services draw big FPI flows; IT faces selloff in late May
Mumbai: Telecom, services, capital goods and consumer goods were the top recipients of the foreign fund flows in the second-half of May, according to data from NSDL. Traditional heavyweights like banks and information technology sectors saw outflows in this period, when overseas fund managers resumed purchases of Indian equities after a pause.
Telecommunications stocks received the highest inflow at ₹7,052 crore in the second-half of the month after Singapore's Singtel sold
Bharti Airtel shares
worth ₹12,880 crore in a bulk deal on May 16.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
'Swing is King': Mr. Hemant's Strategy Finally Explained in Free Session
TradeWise
Learn More
Undo
"Most of the foreign inflows in the telecom sector can be attributed to the deal," said UR Bhat, co-founder & director, Alphaniti. "The reduced competition with
Vodafone Idea
languishing, is also expected to benefit the other two players."
Agencies
In the second-half of the month, the fast moving consumer goods (FMCG) sector witnessed foreign inflows worth ₹1,872 crore after outflows worth ₹1,057 crore in the first-half of May.
"Investors have possibly realised that the earlier sell-off in services and FMCG sectors was probably not warranted, as there has since been a pickup in rural demand," said Bhat. "This led foreign investors to realign their portfolios.
Live Events
The information technology sector witnessed the highest outflows worth ₹2,725 crore, after inflows worth ₹289 crore in the first-half.
Divam Sharma, fund manager at Green Portfolio PMS, said that the business outlook for IT sector is impacted by geo-political realignment and the concerns in the US economy.
'There is a portfolio churn, and overseas investors are exiting sectors where valuations are expensive,' said Sharma. 'However, they are shying away from making aggressive bets as the uncertainty surrounding the US-China trade war continues to linger.'
Foreign investors offloaded shares worth Rs 2,008 crore in the healthcare sector in the last 15 days of the month and divested shares worth over Rs 1,500 crore in the power, consumer services and automobile sectors

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
26 minutes ago
- Time of India
Gold price prediction: Bullion surges toward key resistance as Iran conflict and Trump's tariff threats drive investors to gold—here's what to expect next
Gold prices surge amid Iran tensions and Trump tariff warning : What's driving investor fear?- Gold prices jumped in early Asian trading hours on Thursday, May 26, 2025, as rising geopolitical tensions and trade uncertainty pushed investors toward safe-haven assets. With Middle East conflict fears intensifying and U.S. President Donald Trump signaling a potential new round of trade tariffs, gold surged as markets turned risk-averse. Spot gold prices rose 0.6% to $3,374.94 an ounce, while August gold futures rallied 1.5% to $3,394.60/oz by 01:24 ET (05:24 GMT), according to The metal has already gained strength this week, largely due to uncertainty around U.S.-China trade negotiations and persistent geopolitical instability. Why are gold prices rising today? Several global triggers are fueling the gold rally. Here's a simple look at the top drivers: by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Kein Scherz: So kosten Wärmepumpen 2025 fast nichts Wärmepumpe Vergleich Mehr erfahren Undo Middle East tensions : Reports suggest that Israel could be preparing for military action against Iran, and the U.S. is pulling diplomatic staff from Iraq. This has created major geopolitical uncertainty. Trump tariff threats : President Donald Trump has announced plans to send tariff warning letters to several major economies in the next two weeks, adding fuel to global trade fears. Flight to safety : With rising risks, investors are pulling out of stocks and shifting into safe-haven assets like gold. Weaker U.S. dollar : A falling dollar makes gold cheaper for international buyers, boosting demand. Rate cut expectations : Softer U.S. inflation data has traders betting on a Fed rate cut later this year, which tends to support gold prices. What is the gold price today? As of today, here's where gold stands in the market: Spot gold : $3,374.94 per ounce (+0.6%) Gold futures (August delivery) : $3,394.60 per ounce (+1.5%) Resistance zone : Analysts are watching the $3,380 level closely for a potential breakout. These figures show strong momentum for gold as it inches closer to breaking past key chart levels. Live Events Is this a good time to buy gold? That depends on your investment goals, but here are a few things to keep in mind: Technical indicators show strength , with gold trading just below major resistance. If global tensions escalate , gold could shoot higher as panic drives demand. However, if peace talks resume or tariffs ease , prices might pull back. For short-term traders, the next 24–48 hours could be critical. For long-term investors, today's jump reinforces gold's value during times of uncertainty. Why are rising Iran tensions boosting gold prices? Heightened fears of military conflict between Iran and Israel have directly fueled the demand for gold, which is traditionally seen as a safe-haven during global crises. Several reports suggest Israel is preparing to attack Iran if nuclear discussions between the U.S. and Iran collapse. This follows President Trump's recent statement that Iran would not be allowed to enrich more uranium, casting further doubt over the future of ongoing nuclear talks. Adding to the pressure, Trump ordered the withdrawal of U.S. personnel from Iraq and other Middle Eastern nations, intensifying market concerns over a possible escalation. Iranian officials have also threatened to retaliate against U.S. bases in the region if tensions turn into armed conflict. How is the trade outlook under Trump affecting gold and global markets? In a move that shook market confidence, Trump announced he will send letters to major global economies within the next two weeks outlining new U.S. tariff plans. So far, the U.S. has only formalized a trade deal with the United Kingdom, and has shared only limited information about a recently announced framework with China. This uncertainty has rattled global investors, increasing the demand for gold and other precious metals. With trade talks still lacking clarity and more tariffs possibly on the horizon, investors are seeking stability in assets like gold and platinum. What's happening with other precious and industrial metals? The weak U.S. dollar and overall market caution gave a boost to other metals as well. Here's how they performed: Platinum futures rose 0.8% to $1,251.65/oz — the highest in over four years. Silver futures gained 0.7%, trading at $36.515/oz, near a 13-year peak. Copper prices also moved higher, with LME copper futures up 0.5% at $9,699.70/ton, and U.S. copper futures climbing 0.4% to $4.8242/pound. These gains reflect broader concerns, from weaker global currencies to shifts in industrial demand. Is the platinum rally sustainable or a short-term spike? Despite platinum's strong performance in 2025 — up 37.3% so far this year, compared to a 28.6% rise in gold — Goldman Sachs (NYSE: GS) analysts are warning that the rally may not last. According to Goldman, platinum could fall back into its traditional trading range of $800 to $1,150/oz, driven by several key factors. Chinese demand for platinum jewelry is weakening. Automotive demand is slowing, especially as electric vehicles reduce the need for emission control systems that use platinum. South African production remains strong, potentially outpacing demand. This suggests that platinum's gains could be temporary, with prices expected to stabilize or decline in the coming months. What does all this mean for investors moving forward? As gold prices climb on geopolitical risks and trade uncertainty, investors are reassessing their portfolios. The volatile mix of Trump's aggressive trade posture, ongoing Middle East tensions, and currency pressures is pushing money into traditional safe-havens. Even as Goldman Sachs analysts caution about platinum's future, the broader precious metals market is seeing renewed interest. The key now will be how events unfold — particularly around Iran and the outcome of trade negotiations. What to watch next in the gold market? If you're keeping an eye on gold, here are a few key events to track: Any new developments between Israel and Iran Updates on Trump's tariff letters and global reactions U.S. Producer Price Index (PPI) data coming up Federal Reserve commentary on interest rates Each of these factors could impact gold prices in the coming days and weeks. Gold is once again proving itself as the go-to safe-haven when markets get shaky. With geopolitical risks and economic uncertainty on the rise, today's rally could just be the beginning. If tensions worsen, we could see gold breaking through its current ceiling and heading even higher. Stay tuned and watch the key levels. The gold market is heating up—and investors are taking notice. FAQs: Q1: Why are gold prices rising in May 2025? Gold prices are rising due to Iran-U.S. tensions and Trump's new trade tariff plans. Q2: Will platinum prices stay high in 2025? Goldman Sachs says platinum's rise may not last due to weak demand and strong supply.


Mint
27 minutes ago
- Mint
Boeing shares fall sharply as Air India crash spotlights series of previous accidents
On Monday, June 16, the biennial Paris Air Show begins at Le Bourget, on the outskirts of Paris. As the stage is set for the show and aircraft manufacturers fly in their latest products and set up stalls, Boeing shares saw a sharp dive of over 7 per cent in pre-opening. The shares nosedived after VT-ANB, the 13-year-old Dreamliner with Air India, went down in Ahmedabad from where it took off for a scheduled flight to London Gatwick. The aircraft was one of the 27 the airline has in its fleet, and the flight was a codeshare with equity partner Singapore Airlines. The flight, which departed from Ahmedabad at 1338 hrs, was carrying 242 passengers and crew members on board the Boeing 787-8 aircraft. Of these, 169 are Indian nationals, 53 are British nationals, one Canadian national and seven Portuguese nationals, as per the airline, which it posted on social media. The aircraft was delivered to Air India in January 2014 and configured with 18 Business class and 238 economy class seats. The loss of an aircraft, the first for an Indian airline after the Kozhikode crash in 2020 and that too involving a technologically advanced aircraft like the Dreamliner, has cast a shadow on the Paris Air Show and explains the dip in share price for Boeing in the pre-opening session. Paris Air Show is one of the major airshows where large orders are announced or signed. Both IndiGo and Air India signed their record-breaking orders at Paris in 2023, with Air India expected to add more planes to its order book next week, a possibility that may not happen because of the events in Ahmedabad. The crash may be the first for a Dreamliner, but Boeing is in the news again. The airline faced two fatal crashes with the MAX 8 aircraft, one in Indonesia and one in Ethiopia, after which a global grounding took place. The MAX kept making news at periodic intervals for all the wrong reasons, until recently, the FAA and Boeing worked closely to ensure quality was delivered. As if the MAX crisis was behind it, a new one has crash-landed just days before the airshow. The Boeing 787 Dreamliner faced significant battery issues in 2013, leading to a worldwide grounding of the fleet. These problems stemmed from lithium-ion batteries used in the aircraft's auxiliary power unit (APU), which were prone to thermal runaway and fires. The issues ultimately resulted in the grounding of the Dreamliner fleet, with the FAA and NTSB investigating the design and manufacturing of the batteries. Air India had also grounded its planes and subsequently saw the changes done before flying them again. The aircraft has had no issues since then. Boeing has a robust order book for the Dreamliner, including 20 from Air India, the first of which is due by end of this year. In less than 14 years, the 787 Dreamliner fleet has carried more than one billion passengers, faster than any other widebody jet in aviation history. The 787 has unlocked more than 425 new nonstop routes around the world, many of which were never served previously. Boeing has over 1,100 787s in service globally. Not just Boeing, the fatal crash will cast a shadow on the airshow in Paris next week with muted celebrations for orders and possibly delaying orders from Air India, if at all they were going to place one and possibly other Indian carriers. The crash will be the talking point, especially against the backdrop of the world community being in Delhi early this month for the 81st IATA AGM, which was held in Delhi after a gap of over four decades and heard about the India growth story. The investigations take time and the focus first is to get the Flight Data Recorder (FDR) and Cockpit Voice Recorder (CVR) and send them for investigation which will give key answers. Boeing will be involved in this process as is the norm. Until then, at the Paris air show, questions will be asked about what led to the crash and it is too early to have definite answers.


Hindustan Times
27 minutes ago
- Hindustan Times
Top 4 trending workplace designs to turn offices into productivity powerhouses
Productivity is not just something that comes from within, from our mental willpower. It is also shaped by the space around us. Beyond productivity, mental wellbeing is equally important, signifying the importance of workplace designs to be supportive. This is why workplace design needs to be done in a way that acts as an external motivator, regulating moods, improving focus, and supporting overall emotional wellbeing. In an interview with HT Lifestyle, Aryaman Vir, Founder and CEO of Morpho Dimensions, shared insights on how workplace interiors can significantly benefit from key design interventions that boost productivity, wellbeing, and adaptability. He said, 'India's office spaces are experiencing a significant transformation, motivated by a straightforward realisation, people work better when their environment supports how they truly function, not how we believe they should function.' Aryaman Vir shared four key changes reshaping Indian workplaces: