FIIs trim holdings in 10 midcap stocks; one plunges 70% in FY26
In the midcap segment, Foreign Institutional Investors (FIIs) currently hold stakes in around 137 stocks. Tracking where FIIs are investing is crucial, but it's equally important to monitor where they are cutting their stake, as their investment decisions are typically backed by thorough research and analysis.
In our latest analysis, we observed that FIIs have reduced their holdings in approximately 68 midcap stocks. Of these, 22 have delivered negative returns so far in FY26. We've shortlisted the top 10 underperformers—stocks that fell between 7% and 70%. The steepest fall came from Aditya Birla Fashion and Retail, down 70% in just four months. Read more
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Time of India
2 days ago
- Time of India
Explained: Why Nifty50, BSE Sensex have closed in red for 5th week in row; top 5 reasons
FIIs have consistently sold Indian stocks during the past 9 trading sessions. (AI image) Indian stock markets indices, Nifty50 and BSE Sensex , ended the week down over 1%. In fact, the benchmark indices have seen their fifth consecutive week of closing in red. Nifty50 has dropped over 270 points this week, while BSE Sensex plunged over 860 points. ' The benchmark index Nifty wrapped up its fifth consecutive week in the red — its longest losing streak since August 2023, raising eyebrows across the street. What adds to the concern is the back-to-back formation of bearish candles with long upper shadows on the weekly chart. This pattern is a classic sign of rejection at higher levels,' says Sudeep Shah, Head - Technical and Derivatives Research, SBI Securities. "Despite making multiple attempts to scale up, the index has struggled to hold ground, only to be met with selling pressure each time. The long upper wicks are a telling story — bulls tried, but bears had the final say. It reflects a market that's finding it hard to build on gains, weighed down by renewed supply pressure and a cautious sentiment hovering overhead," he added. Nifty50 sees longest weekly losing streak in 2 years The broader markets weren't spared either. Both the Nifty Midcap and Nifty Small Cap 100 indices came under notable selling pressure and have now underperformed the frontline index for the second consecutive week. The Nifty Pharma index recorded a 3.3% decline on Friday, marking its third consecutive negative session and registering a weekly loss of 2.9%. Global pharmaceutical companies saw pressure following the White House's directive to 17 international drug manufacturers asking for reduced prescription drug prices in the US to align with global standards. Why is the Indian stock market falling? What's driving the bearish sentiment? According to SBI Securities, several factors have contributed to this shift in tone — from renewed concerns around the progress of India–US trade negotiations, to persistent FII outflows, and a string of underwhelming corporate earnings that failed to meet market expectations. 1) Unrelenting FII selloff Foreign Institutional Investors (FIIs) continue their selling trend, with a substantial Rs 5,588.91 crore worth of shares sold on Thursday. FIIs have consistently sold Indian stocks during the past 9 trading sessions, with the selloff reaching Rs 27,000 crore. FIIs have established record bearish positions, with short positions in index futures reaching 90%, the highest level since March 2023. The long-to-short ratio declined to 0.11 at the August series commencement, whilst the Nifty rollover rate decreased to 75.71% in July from June's 79.53%. "Investor sentiment weakened further as FIIs now hold the second-highest net short position in derivatives, reflecting elevated caution," said Vinod Nair, Head of Research, Geojit Investments. The significant increase in the dollar index to 100 has further accelerated the FII selloff. "FIIs had been selling right through the month. So, they probably had an inkling that the BTA is not really going India's way, and there were other factors around the FIIs selling, which was China looking very good from a valuation and a growth upgrade perspective. I think China's growth is now projected to shoot up to 4.8," market expert Sunil Subramaniam was quoted as saying in an ET report. 2) Donald Trump's 25% Tariff on India Market confidence deteriorated after US President Donald Trump signed an executive order that imposed a higher-than-anticipated 25% tariff on India. The prospect of additional penalty for India's purchase of Russian oil and arms has also weighed on sentiment. "The Indian equity market extended its decline for a second day, pressured by renewed tariff threats and punitive duties that could undermine India's global trade competitiveness," said Nair of Geojit Investments. 3) Underwhelming Q1 results India Inc's first quarter earnings have seen muted and underwhelming results. Over the last 30 days, the IIT index has declined by 10%, whilst the Nifty Bank is flat. The combined performance of India's leading nine private sector banks showed modest growth of 2.7%, indicating cautious economic expansion and subdued lending activity. 4) Global Markets Hit Asian markets saw big losses on Friday as traders evaluated new US tariff implications whilst awaiting US employment statistics. The MSCI Asia-Pacific index (excluding Japan) declined by 1.5%, seeing a weekly dip of approximately 2.7%. European shares displayed weakness, with the Stoxx 600 declining 1%, moving towards its poorest weekly performance since April. "Global equity markets were mostly weak over the past week, as the US tariff saga continued. The Indian equity market continued to underperform global equity markets in the past week," Shrikant Chouhan, Head – Equity Research said. 5) Strong US Dollar The US dollar index has seen a big 2.5% increase over the week, going beyond 100 and achieving its highest level in two months. This has been the dollar's best week in approximately three years. The strengthening dollar has led to increased capital outflows from emerging economies, India included. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025
Time of India
2 days ago
- Time of India
FIIs withdraw Rs 27,000 crore in 9 days: Trump's tariff, weak rupee spook investors; short positions at record high
AI-generated image Foreign institutional investors (FIIs) have withdrawn over Rs 27,000 crore from Indian equities across nine days, driven by a mix of weak Q1 earnings, US President Donald Trump's new 25 per cent tariffs on Indian goods, and a weakening Rupee. On Thursday alone, FIIs pulled out around Rs 5,600 crore after Trump's tariff announcement, which dented investor sentiment and raised concerns about India's attractiveness as an investment destination. The muted earnings season has only deepened caution among global investors. FIIs have also built record bearish positions in the futures market. At the start of the August series, their long-to-short ratio in index futures dropped to just 0.11- meaning 90 per cent of their positions are now shorts- the lowest since 29 March 2023, reported Economic Times. This surpasses the previous high of 89 per cent net short during the January expiry. Nifty's rollover for July stood at 75.71 per cent, down from 79.53 per cent a month earlier. Also read: 25% on India, 19% on Pakistan, 35% on Iraq- Full list of US tariff rates announced by Donald Trump Additionally, the IT index has slumped 10 per cent in the past month, while the Nifty Bank remains flat. India's top nine private sector banks posted just 2.7 per cent growth in the June quarter, reflecting tepid credit demand and cautious expansion, according to an ET report. The dollar's strength has compounded pressure. The dollar index, which tracks the greenback against six major currencies, climbed 2.5 per cent this week to breach 100- its highest level in two months and on track for its strongest weekly gain in nearly three years. 'While we are hopeful of India-US relations improving again in the medium term, this near-term uncertainty could further impact an already underperforming though expensive Indian equity market," said Vikash Jain of CLSA, as quoted by ET. Sunil Subramaniam added, 'FIIs had been selling right through the month. So, they probably had an inkling that the BTA is not really going India's way, and there were other factors around the FIIs selling, which was China looking very good from a valuation and a growth upgrade perspective. I think China's growth is now projected to shoot up to 4.8.' He also pointed out that US interest rates remain elevated, with the Fed avoiding any discussion of cuts. Despite the gloom, some market watchers remain optimistic. Vikas Khemani of Carnelian Asset Management was quoted by ET saying, 'As the Fed rate starts coming down, you will see FIIs coming back in my opinion.' Historical data suggests a potential rebound. Since March 2020, every time the FII long-to-short ratio dipped to 0.15 or lower, the Nifty rose by an average of 7 per cent in the following series- a pattern that hints at likely short covering in the near term. The market's near-term trajectory will now hinge on the interplay between continued foreign selling and domestic institutional buying, determining whether the current FII exodus is a temporary correction or signals a deeper shift in global capital flows. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025
India Today
2 days ago
- India Today
Sensex opens 168 points lower, Nifty below 24,800; HUL gains 4%
Benchmark stock market indices opened lower on Friday, tracking tariff developments globally as a fresh round of tariffs were announced by the US. The S&P BSE Sensex was down by 150.77 points to 81,034.81, while the NSE Nifty50 lost 62.50 points to 24,705.85 as of 9:47 am. Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said that the August series starts on a weak note after the 3.1% dip in Nifty in July."In the near-term the market will be influenced by the tariff-related news. Since the date of implementation of the modified tariff rates is August 7th, that gives countries time to negotiate and bring the tariffs down. That may happen," he added. advertisementYesterday's market action indicates that the market views the 25% tariff as a short-term issue. The rate is likely to come down after the next round of negotiations beginning this month. An important trend in the market is the weakness in the broader market, particularly the smallcaps. This trend is likely to continue given the high valuations of the segment. Sustained selling by the FIIs continues to be a negative. The sharp surge in the dollar index to 100 will nudge the FIIs to continue selling putting pressure on largecaps too. Investors can adopt a wait and watch strategy.- Ends
