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Mint
30-05-2025
- Business
- Mint
Nifty, Sensext in pressure as US Federal court gives interim go ahead on Trump tariffs till Higher Court decides
Mumbai [India], : Indian stock markets opened flat in the red on Friday, as global concerns once again pressured investor sentiment. The recent decision by the US Federal Appeals Court to allow the Trump administration to continue with its tariff policy till a higher court decides has impacted market mood across the globe. Investors are now awaiting further clarity from higher courts, which will take a final call on the legal challenges against these tariffs. At the opening bell, the benchmark Nifty 50 index slipped by 21.00 points or 0.08 per cent to 24,812.60. Similarly, the BSE Sensex began the day with a decline of 167.33 points or 0.20 per cent at 81,465.69. The weakness in the Indian markets mirrors the overall negative trend in major Asian indices, and analysts believe the sentiment will remain cautious until there is clarity on the tariff situation. Ajay Bagga, Banking and Market Expert, told ANI, "US markets gave up gains and Asian markets are down this morning on the back of this uncertainty. Indian markets saw volatility reducing despite it being an expiry day. Stronger inflows, expectations of a good India GDP number later this evening and resilient domestic flows are making the outlook for the Indian markets optimistic, though the US policy chaos is an overhang on all risk markets for now. Hopefully, clarity will emerge by July on the tariff front and markets will start positioning for that in June itself". On the sectoral front, pressure was seen across all major NSE sectoral indices, except the Nifty PSU Bank index, which opened in green. The highest selling was seen in Nifty IT, which declined by 0.9 per cent. Other sectors like Nifty Pharma, Nifty Metal, and Nifty FMCG also remained in the red, although the losses were limited and the indices stayed mostly flat. Broader market indices presented a mixed picture. While Nifty Small Cap and Nifty Midcap indices were trading in the green, the Nifty 100 also opened in red, mirroring the cautious tone of the benchmarks. Global markets also showed signs of stress. Japan's Nikkei 225 was down over 1.4 per cent, Hong Kong's Hang Seng declined by 1.47 per cent, and South Korea's KOSPI index dropped by 0.61 per cent. Almost all major Asian markets were in negative territory, largely reacting to the same tariff-related concerns and uncertain global economic outlook. As the day progresses, all eyes will be on the domestic GDP data to see if it can help lift market sentiment, at least in the short term. This article was generated from an automated news agency feed without modifications to text.
The Print
05-05-2025
- Business
- The Print
Indian indices open in positive, optimism on India-US trade negotiations have brought back FPIs
The Nifty 50 index rose by 100 points to reach 24,447.65, gaining 0.41 per cent, while the BSE Sensex climbed 374 points to 80,876.92, up by 0.47 per cent. Mumbai (Maharashtra) [India], May 5 (ANI): Indian benchmark indices opened on a positive note on Monday, supported by strong foreign investor inflows and encouraging signals from the global market. Market experts believe that the ongoing foreign portfolio investment (FPI) inflows and optimism around India-US trade negotiations have improved investor confidence. Ajay Bagga Banking and Market expert told ANI 'Indian markets are getting into a zone of complacency, betting that no kinetic action will take place on Pakistan. Continued FPI flows are boosting sentiment and futures are pointing to a positive start with follow through money waiting to jump in. Geopolitical risks are the only overhang. Asian currencies are surging today with the US dollar weakening. Oil prices are falling as the Saudis bring out the old playbook of bankrupting potential production expanding investors. Oil prices are falling as a result'. In the sectoral indices on NSE, all the sectors opened with gains except the Nifty PSU Bank and Nifty Private bank, Nifty FMCG and Nifty IT lead in gains. Global cues also remained slightly positive, with investors watching developments from Warren Buffett's annual Berkshire Hathaway meeting and recent interviews of US President Donald Trump over the weekend, now the fed meeting will take the charge of further movement in market. Back home, several key companies are scheduled to announce their fourth-quarter earnings today. These include Mahindra and Mahindra, Indian Hotels Company, COFORGE LIMITED, Computer Age Management Services, OneSource Specialty Pharma, DCM Shriram, Capri Global Capital, and Jammu and Kashmir Bank. 'Optimism regarding US-India trade negotiations spurred a return of foreign investors, driving the Nifty 50 and Sensex to their third straight week of gains, closing up 1.28 per cent and 1.64 per cent respectively. This marks a shift from their net selling activity since the benchmarks' record highs in September, now betting on India's domestic strength to navigate the global trade war' said Sunil Gurjar, SEBI-registered research analyst and founder of Alphamojo Financial Services. In other Asian markets, Taiwan's weighted index was under pressure, falling by more than 1.5 per cent. Singapore's Straits Times Index was also trading marginally lower. Most other major Asian markets were closed today due to public holidays. (ANI) This report is auto-generated from ANI news service. ThePrint holds no responsibility for its content.
Times of Oman
03-05-2025
- Business
- Times of Oman
FPIs infuse over Rs 10,000 crore in Indian equities this week
Mumbai: Foreign Portfolio Investors (FPIs) have pumped in more than Rs 10,000 crore into Indian stock markets this week, showing a strong return of overseas interest in domestic equities. According to data released by the National Securities Depository Limited (NSDL), FPIs infused Rs 10,073 crore into equities between April 28 and May 2. The data also revealed that the month of April saw net positive FPI inflows for the first time in 2025. Net investments by FPIs in Indian equities stood at Rs 4,223 crore during April, indicating a turnaround in foreign investment trends. In previous months NSDL data showed that FPIs had sold stocks worth Rs 3,973 crore in March. In January and February, they had sold equities worth Rs 78,027 crore and Rs 34,574 crore, respectively. This positive momentum In April comes after months of net outflows and reflects renewed investor confidence in the Indian economy. However, despite this strong inflow, overall market sentiment remained weak during the week. The tension at the India-Pakistan border weighed heavily on investor mood, limiting the positive impact of FPI investments. While foreign investors are showing interest again, domestic uncertainties and geopolitical risks are keeping the markets under pressure. Many investors remain cautious and are adopting a wait-and-watch approach amid the ongoing border tensions. Indian equity indices on Friday ended on a positive note with Nifty above 24,300 in a volatile session. At the close, Sensex gained 259.75 points or 0.32 percent to end at 80,501.99, and the Nifty gained only 12.50 points or 0.05 percent to settle at 24,346.70. The markets were very volatile, as during the trading session on Friday, the Nifty 50 index surged 120 points and Sensex gained 520 points; however, the gains were washed off by the close. Market experts pointed out that the ongoing border tensions are the primary factor holding back a stronger rally in the Indian equities. They believe that in the absence of such geopolitical risks, the overall positive global sentiment would have supported a sharper upward move in domestic markets. Ajay Bagga, Banking and Market expert, told ANI, "Indian markets are now having the overhang of Indo-Pak tensions, otherwise Indian markets are ready to roll forward on good global cues and sustained dry intestine support. Leadership will move to IT, as Global recovery will help that".
India.com
03-05-2025
- Business
- India.com
FPIs Infuse Over Rs 10,000 Crore In Indian Equities This Week, April Marks First Month Of Net Positive Inflows In 2025
Foreign Portfolio Investors (FPIs) have pumped in more than Rs 10,000 crore into Indian stock markets this week, showing a strong return of overseas interest in domestic equities. According to data released by the National Securities Depository Limited (NSDL), FPIs infused Rs 10,073 crore into equities between April 28 and May 2. The data also revealed that the month of April saw net positive FPI inflows for the first time in 2025. Net investments by FPIs in Indian equities stood at Rs 4,223 crore during April, indicating a turnaround in foreign investment trends. In previous months NSDL data showed that FPIs had sold stocks worth Rs 3,973 crore in March. In January and February, they had sold equities worth Rs 78,027 crore and Rs 34,574 crore, respectively. This positive momentum In April comes after months of net outflows and reflects renewed investor confidence in the Indian economy. However, despite this strong inflow, overall market sentiment remained weak during the week. The tension at the India-Pakistan border weighed heavily on investor mood, limiting the positive impact of FPI investments. While foreign investors are showing interest again, domestic uncertainties and geopolitical risks are keeping the markets under pressure. Many investors remain cautious and are adopting a wait-and-watch approach amid the ongoing border tensions. Indian equity indices on Friday ended on a positive note with Nifty above 24,300 in a volatile session. At the close, Sensex gained 259.75 points or 0.32 percent to end at 80,501.99, and the Nifty gained only 12.50 points or 0.05 percent to settle at 24,346.70. The markets were very volatile, as during the trading session on Friday, the Nifty 50 index surged 120 points and Sensex gained 520 points; however, the gains were washed off by the close. Market experts pointed out that the ongoing border tensions are the primary factor holding back a stronger rally in the Indian equities. They believe that in the absence of such geopolitical risks, the overall positive global sentiment would have supported a sharper upward move in domestic markets. Ajay Bagga, Banking and Market expert, told ANI, "Indian markets are now having the overhang of Indo-Pak tensions, otherwise Indian markets are ready to roll forward on good global cues and sustained dry intestine support. Leadership will move to IT, as Global recovery will help that".
The Print
02-05-2025
- Business
- The Print
Nifty surges 120 points, Sensex gains 520 points amid positive global cues, Indian markets holding back due to border tension
The Nifty 50 index surged to 24,395.90, marking a modest gain of 55.30 points or 0.2 per cent. On the other hand, the BSE Sensex saw an uptick, opening almost flat at 80,290.34 but gained 360 points to 80,607 at the time of filing this report. Mumbai (Maharashtra) [India], May 2 (ANI): Indian equity benchmarks opened with gains on Friday, with global cues remaining broadly positive, the uncertainty on the domestic front capped gains for Indian indices due to tensions on the India-Pakistan border. Market experts pointed out that the ongoing border tensions are the primary factor holding back a stronger rally in the Indian equities. They believe that in the absence of such geopolitical risks, the overall positive global sentiment would have supported a sharper upward move in domestic markets. Ajay Bagga, Banking and Market expert, told ANI, 'Indian markets are now having the overhang of Indo-Pak tensions, otherwise Indian markets are ready to roll forward on good global cues and sustained dry intestine support. Leadership will move to IT, as Global recovery will help that Sectoral indices presented a mixed picture in early trade. Nifty FMCG, Nifty Pharma, Nifty Realty, Nifty Healthcare, and Nifty Consumer Durables opened in the red, reflecting cautious investor sentiment in these segments. In contrast, Nifty Auto, IT, and Media indices witnessed modest gains, indicating selective buying interest at the sectoral level. On the global front, equity markets showed resilience despite some economic concerns. US markets are leading the recovery charge, brushing aside weaker-than-expected Q1 GDP numbers and subdued Chinese manufacturing data. The rally is being fuelled by strong Big Tech earnings and easing tensions between the US and China, supporting the broader 'hope trade.' As a result, global cues remain firmly positive, providing a supportive backdrop for emerging markets like India. In corporate earnings, several notable companies are scheduled to announce their Q4 FY25 results today. These include Marico, Indian Overseas Bank, Godrej Properties, Jindal Saw, Newgen Software Technologies, City Union Bank, and Gravita India. Akshay Chinchalkar, Head of Research, Axis Securities said 'The Nifty ended flat in the previous session but not before a last minute sell-off was bought into aggressively. That saw the candle trace a long lower shadow, proving that 24200 is vital near-term support. Resistance will continue to be offered between here and 24500, with a break bringing 24800 into focus'. Meanwhile, in the previous trading session, domestic institutional investors (DIIs) remained net buyers with an investment of Rs 1,792 crore. However, foreign portfolio investment (FPI) inflows moderated significantly, with net inflows of only Rs 50 crore, according to data released by the NSE. Asian markets were largely in the green at the time of this report, bolstering investor confidence across the region. Japan's Nikkei 225 index surged over 0.6 per cent, Taiwan's Weighted Index rallied more than 2 per cent, Hong Kong's Hang Seng rose 1.37 per cent, while South Korea's KOSPI traded flat but in the green. (ANI) This report is auto-generated from ANI news service. ThePrint holds no responsibility for its content.
