logo
Vedanta to announce Q1 results today. Here's what to expect

Vedanta to announce Q1 results today. Here's what to expect

Economic Times18 hours ago
(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)
Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.
Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Market rally ends as Sensex, Nifty fall on FPI selloff, weak earnings
Market rally ends as Sensex, Nifty fall on FPI selloff, weak earnings

Business Standard

time3 hours ago

  • Business Standard

Market rally ends as Sensex, Nifty fall on FPI selloff, weak earnings

The domestic equity markets faced turbulence in July, breaking a four-month winning streak that stretched from March to June and had propelled benchmark indices nearly 15 per cent higher. Both Nifty and Sensex ended July down about 3 per cent. The broader Nifty Smallcap 100 and Nifty Midcap 100 indices dropped 6.7 per cent and 4 per cent, respectively. During the preceding four months, the two indices had jumped over 20 per cent each. The rally came to an abrupt halt due to lackluster corporate earnings, persistent selling by foreign investors, and renewed uncertainty surrounding US trade negotiations. India's total market capitalisation fell by ₹11.5 trillion during the month, settling at ₹450 trillion ($5.14 trillion). With the exception of FMCG and pharmaceuticals, all sectoral indices ended the month in the red, with the IT sector leading declines, sinking by nearly 10 per cent. Notable outliers among Nifty constituents included Eternal, which surged 17 per cent, and Hindustan Unilever, up 10 per cent. Foreign portfolio investors (FPIs) offloaded nearly ₹20,000 crore in equities in July, while domestic institutional investors stepped in, purchasing over ₹50,000 crore worth of shares.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store