Latest news with #DIIs
Business Standard
2 days ago
- Business
- Business Standard
Nifty set for a tepid start
GIFT Nifty: GIFT Nifty June 2025 futures were trading 10 points higher in early trade, suggesting a flat-to-positive opening for the Nifty 50. Institutional Flows: Foreign portfolio investors (FPIs) sold shares worth 2,853.83 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 5,907.97 crore in the Indian equity market on 3 June 2025, provisional data showed. According to NSDL data, FPIs have sold shares worth Rs 10376.45 crore in the secondary market during June 2025. This follows their purchase of shares worth Rs 18082.82 crore in May 2024. Global Markets: Asian shares climbed following a tech-led rally on Wall Street, with Nvidia once again in the spotlight. South Korean stocks led the charge after opposition leader Lee Jae-myung won the presidential election. The Kospi surged over 2%, hitting its highest level since August 2024, as markets cheered expectations of bold fiscal stimulus and a more pragmatic stance on international trade. Over in Australia, GDP growth came in at 1.3% year-on-year for Q1 2025. It's the same pace as the previous quarter, signaling steady but subdued momentum. In the US, all three major indices closed higher. The S&P 500 rose 0.58%, the Dow added 0.51%, and the Nasdaq outperformed with a 0.81% gain. Nvidia shares jumped more than 2% as investors continued to digest last weeks blockbuster earnings. On the policy front, President Trump signed off on higher tariffs, doubling duties on steel and aluminum imports to 50%. He cited the move as a step to deter dumping and strengthen US producers. Notably, the UK was granted an exemption, sticking to the previous 25% rate under a trade deal signed in May. Labor market data also impressed. The latest JOLTS report showed job openings at 7.39 million, topping estimates of 7.11 million and up from 7.2 million in the previous month. All eyes now turn to Fridays non-farm payrolls for the next big clue on the Feds rate path. Domestic Market: Equity benchmarks ended deep in the red on Tuesday, marking their third consecutive day of losses. The mood on Dalal Street turned sour as global trade tensions escalated following the U.S. decision to hike tariffs on steel and aluminium. The move spooked investors, especially given its implications for Indian exporters. Adding fuel to the fire, weak manufacturing data from both the U.S. and China pointed to cooling global demand. The S&P BSE Sensex declined 636.24 points or 0.78% to 80,737.51. The Nifty 50 index dropped 174.10 points or 0.70% to 24,542.50. In the three consecutive sessions, the Sensex and Nifty declined 1.1% and 1.17%, respectively.
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Business Standard
7 days ago
- Business
- Business Standard
Stocks to Watch today: Bajaj Auto, Ola, Suzlon Energy, Texmaco Rail, RVNL
Stocks to Watch Today, Friday, May 30, 2025: Domestic equity markets are set for a cautious opening amid weak global cues, as the benchmark Nifty50 struggles to post a strong close above the 25,000 level. GIFT Nifty hinted at a muted start for domestic stocks. The early indicator of the Nifty 50 Index's performance in India was up 3 points or 0.01 per cent at 24,945 as of 7:40 AM. Most equity markets in Asia slipped after a federal appeals court temporarily reinstated the most sweeping of US President Donald Trump's tariffs. Last checked, Japan's Nikkei was lower by 1.6 per cent while South Korea's Kospi was down 0.5 per cent. Meanwhile, Wall Street ended slightly higher on Tuesday even after the US economy shrank in the first quarter, with the GDP falling 0.2 per cent. The S&P 500 index rose by 0.40 per cent while the Dow Jones Industrial Average was up 0.28 per cent. Back home, on Thursday, the BSE Sensex settled 320.70 points or 0.39 per cent higher at 81,633.02, while the Nifty50 rose 81.15 points or 0.33 per cent to end at 24,833.6. FIIs bought shares worth ₹884.03 crore, while DIIs net bought equities worth ₹4,286.5 crore. Track LIVE Market Updates Here Meanwhile, below are some stocks to watch during today's session: Q4 earnings corner: Bajaj Auto: The two-wheeler major reported a 10.4 per cent year-on-year (Y-o-Y) decline in their consolidated net profit at ₹1,802 crore for the fourth quarter of the financial year 2024-25 (Q4FY25), whereas its revenue from operations grew by 8 per cent, reaching ₹12,204 crore. Suzlon Energy: The company's net profit surged multi-fold to ₹1,180.98 crore in Q4FY25, compared to ₹254.12 crore in the same period of the previous fiscal year. Revenue from operations rose 73 per cent Y-o-Y to ₹3,773.54 crore in Q4 FY25. Nuvama Wealth Management: The company reported a 41 per cent growth in net profit to ₹255 crore in Q4FY25. Its total income rose to ₹1,125 crore during the March quarter from ₹929 crore in the corresponding quarter of FY24. Wockhardt: The drug firm reported a consolidated net loss of ₹45 crore in Q4FY25, against a net loss of ₹177 crore in the same period last year. Its revenue from operations rose to ₹743 crore in the fourth quarter as compared to ₹700 crore in the year-ago period. Sobha: The real estate company's profit increased 481.7 per cent to ₹40.85 crore in the fourth quarter, against a profit of ₹7.02 crore for the same quarter of the previous financial year. The company's revenue from operations rose by 62 per cent to ₹1,240.61 crore in the Q4FY25. Other stocks in news: Prestige Estates Projects: The realty firm has partnered with Valor Group to develop an office complex worth ₹4,500 crore in Mumbai. The project encompasses a total leasable area of 1.5 million square feet and a Gross Development Value (GDV) of approximately ₹4,500 crore. Texmaco Rail & Engineering: The company secured a fresh order worth ₹140.55 crore from the Ministry of Railways for supplying flat multi-purpose wagons. The order is part of the government's push to modernise and improve the country's freight operations. Sunteck Realty: The real estate developer has been appointed as the developer for the redevelopment of a housing society in Mumbai's Andheri (East). The GDV of the project is estimated to be ₹1,100 crore. Wipro: The tech giant rolled out its global Wipro Innovation Network, an initiative aimed at accelerating co-innovation with clients using cutting-edge technologies. The network will bring together expertise from across the globe to help solve complex challenges across industries, leveraging technologies like artificial intelligence and quantum computing. Rail Vikas Nigam: The firm signed an MoU with Texmaco Rail to collaborate on railway infrastructure, including rolling stock manufacturing, metro coach production, EPC projects, and innovation in automation, digitalisation, and green technologies for future strategic initiatives. NLC: The company signed an agreement with Mahatma Phule Renewable Energy and Infrastructure Technology Ltd. to form a joint venture dedicated to advancing green energy projects. UltraTech Cement: The company has completed the acquisition of 100 per cent equity in Wonder WallCare Private Limited on 29th May 2025, making it a wholly-owned subsidiary effective immediately.
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Business Standard
29-05-2025
- Business
- Business Standard
Stocks to Watch today: SAIL, IRCTC, IndusInd Bank, Tata Chemicals, HG Infra
Stocks to Watch Today, Thursday, May 29, 2025: Indian benchmark Indices look set for a positive start after two straight days of decline amid positive global cues. GIFT Nifty hinted at a positive start for domestic stocks. The early indicator of the Nifty 50 Index's performance in India was up 66 points or 0.27 per cent at 24,829 as of 7:20 AM. Equities in Asia advanced alongside a rise in the Wall Street futures contracts and the dollar as US President Donald Trump's global tariffs were deemed illegal and blocked by the US trade court. Last checked, Japan's Nikkei was higher by 1.7 per cent while South Korea's Kospi was up 1.3 per cent. The dollar index reclaimed the 100 mark while the future contracts for the S&P 500 rose over 1.5 per cent after the ruling. A panel of three judges at the US Court of International Trade in Manhattan issued a ruling after siding with the view that Trump had wrongfully invoked an emergency law. Back home, on Wednesday, the BSE Sensex settled 239.31 points or 0.29 per cent lower at 81,312.32, while the Nifty50 fell 73.75 points or 0.3 per cent to end at 24,752.4. FIIs bought shares worth ₹4,662.92 crore, while DIIs net bought equities worth ₹7,911.99 crore. Meanwhile, below are some stocks to watch during today's session: Q4 earnings corner: SAIL: The state-run firm reported a consolidated net profit of ₹1,251 crore for the quarter ended March 31, 2025 (Q4FY25), marking an 11.1 per cent increase from ₹1,125.68 crore in the same quarter last year (Q4FY24). IRCTC: The net profit of Indian Railway Catering and Tourism Corporation increased by 26.1 per cent year-on-year (Y-o-Y) to ₹358 crore in the fourth quarter of the financial year 2024-25. It had reported a profit of ₹284 crore in the same quarter last year. The revenue from operations rose 10 per cent Y-o-Y to ₹1,268 crore in Q4 FY25. Bata India: The company reported a consolidated net profit of ₹45.92 crore for Q4 FY25, down 27.8 per cent from ₹63.65 crore in the same quarter last year (Q4 FY24). On a sequential basis, the company's profit declined 21.8 per cent from ₹58.70 crore reported in Q3 FY25. Dish TV India: The direct-to-home firm reported a consolidated net loss of ₹402.19 crore for the March quarter due to impairment on intangible assets. It had reported a net loss of ₹1,989.69 crore in the January-March quarter a year ago. 3M India: The net profit of the company declined by 58.7 per cent to ₹71.37 crore in the fourth quarter of the financial year 2024-25. It had reported a net profit of ₹172.85 crore in the same quarter last year. However, the company's revenue from operations has increased by 9.48 per cent to ₹1,198.23 crore. Insecticides India: The company posted an 84.70 per cent rise in consolidated net profit to Rs 13.89 crore for the fourth quarter of 2024-25 fiscal on strong sales. Total income rose by 31.71 per cent to Rs 358.92 crore in the January-March quarter of the 2024-25 fiscal, from Rs 272.50 crore in the year-ago period. Other stocks in news: IndusInd Bank: The Securities and Exchange Board of India (Sebi) barred former IndusInd Bank chief executive officer (CEO) Sumant Kathpalia and four other senior officials from trading in the securities market, following allegations of insider trading linked to an accounting discrepancy worth over ₹3,000 crore. Tata Chemicals: Tata Sons Chairman N Chandrasekaran will step down as chairman and director of Tata Chemicals, effective May 29, 2025. Subsequently, it appointed S Padmanabhan, an existing director of the company, as the new chairman, effective May 30, 2025. IndiGo: The Indian airline appointed Vikram Singh Mehta as the chairman of its board. He will succeed Venkataramani Sumantran, who took charge of the low-cost carrier as chairman three years ago. LTIMindtree: The company has tied up with Aramco Digital, the digital and technology arm of Saudi Arabia's oil behemoth Aramco, to start an IT services company named NextEra in the country. The move will help LTIMindtree establish a stronger presence in the Middle East, a geography where Indian IT services providers have been focusing lately to boost their revenue. Grasim Industries: The board will convene on June 2 to consider the issuance of Non-Convertible Debentures by way of a private placement, in one or more tranches, subject to obtaining all necessary regulatory and statutory approvals. Reliance Power: The company's subsidiary received a Letter of Award from SJVN for a Solar and Battery Energy Storage System project, adding 600 MW of Solar DC and 700 MWh of BESS capacity. The company's total clean energy pipeline now stands at 2.4 GW of Solar DC capacity and over 2.5 GWH of BESS capacity.
Time of India
28-05-2025
- Business
- Time of India
Rs 20,000 crore in 2 months! FIIs back with a bang but will they stay long enough?
In just two months, foreign institutional investors ( FIIs ) have pumped in over Rs 20,000 crore into Indian stocks, their most aggressive buying spree since September. May alone has seen inflows cross Rs 16,000 crore, signaling a stunning reversal in sentiment. But even as the bulls cheer, the question lingers: is this comeback built to last? "This is the highest level of FII buying we've seen in eight months,' says Vaqarjaved Khan, Senior Fundamental Analyst at Angel One. 'Better-than-expected corporate earnings, a weakening US dollar, easing Indo-Pak tensions and the prospect of a US trade deal have all come together to fuel this surge.' The impact of dollars is clearly felt on the market where the Sensex has jumped about 10,000 points from April lows. Yet, the optimism is far from unchallenged. On May 21st, India witnessed a brutal FII selloff worth Rs 10,000 crore in a single trading day, driven by a spike in US Treasury yields and geopolitical jitters. 'In the near term, there can be some headwinds… but the long-term outlook for India continues to remain intact,' Khan adds. Despite the rebound, India still faces net FPI outflows of over Rs 96,000 crore in calendar 2025. January was a bloodbath, with Rs 78,027 crore pulled out — the worst in recent memory. While the selling cooled to Rs 4,000 crore by March, it was only in April that the tide truly turned, turning positive — a trend that has accelerated through May. Supporting the renewed appetite for Indian equities, Bank of America's latest Asia Fund Manager Survey shows India has now displaced Japan as the most preferred equity market in Asia, with 42% of fund managers overweight in India. Japan follows at 39%, while China — once the pariah — has staged a surprise recovery to third place. Also read | Sensex soars 10,000 points from April lows. But India Inc's Q4 numbers expose cracks in market rally But this shift in global portfolio preferences is not without its skeptics. CLSA recently warned that India's 'safe haven' status may be at risk amid a thaw in US-China tensions and improved regional geopolitics. 'The rise in these fears made India a hiding place and second-best performing market since March,' the brokerage said, hinting that the FII love may be fleeting. The evolution of India's investor landscape is another dynamic at play. 'In the last one month, both FIIs and DIIs have been buyers,' observes Siddhartha Khemka of Motilal Oswal, highlighting an unusual alignment between the two camps. 'Usually, when FIIs buy, DIIs sell, and vice versa… but now a third front has emerged — the individual Indian investor. They stepped in when both institutions were selling.' Saurabh Patwa, Head of Research at Quest Investment Advisors, remains cautiously optimistic. 'Early signs of renewed interest have emerged… India's position as one of the fastest-growing major economies remains a key attraction. If corporate earnings align with market valuations, we could see sustained capital inflows.' And the fundamentals are hard to ignore. Corporate earnings over the next 3-5 years are expected to grow at a compounded rate of 14–17%, a powerful tailwind for foreign capital. Still, storm clouds loom. Rising US bond yields, any potential slowdown in India Inc.'s earnings momentum, and renewed geopolitical shocks could derail the fragile resurgence in FII sentiment. The market's current question is not whether the FIIs are back but it's how long they're here for. Also read | Rs 7 lakh crore boom in just 10 days! Is the smallcap stocks party getting out of hand?
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Business Standard
22-05-2025
- Business
- Business Standard
Analysts flag caution as FIIs net short, DIIs up F&O sell side bets by 200%
As we move closer to the May month expiry, derivatives market action seems to be heating up. Foreign Institutional Investors (FIIs) had turned net sellers seven trading sessions ago, with the long-short ratio in index futures down to 0.6 from 1 on May 13, 2025. The long-short ratio in index futures is derived by taking into account the number of buy side open positions in index futures versus sell side open bets. As of May 21 (Wednesday), FIIs continue to remain net short in index futures, with the long-short ratio still at 0.6 - this ratio implies presence of nearly 2 short (sell side) positions in index futures for every long (buy side) trade. Read Stock Market Updates Today LIVE Meanwhile, over the last two trading session's domestic institutional investors (DIIs) turned aggressive sellers and net sold 34,295 index futures contracts. Data from the NSE futures & options (F&O) segment reveals that DIIs have increased short positions in index futures by 200 per cent in the last eight trading sessions. As per the NSE F&O data, DIIs held 27,456 contracts on the sell side of trade in index futures as of May 9. This tally has now increased to 82,511 contracts. As a result of which, DIIs long-short ratio in index futures from a bullish 3.2, has dropped to a neutral stance at 1. Meaning, as of May 9 DIIs held more than 3 long positions in index futures for every short trade; but now own every long bet is equally matched with a short position. ALSO READ | Where's the stock market headed in bull vs bear battle? An investor guide Ajit Mishra, SVP Research at Religare Broking explains that DIIs in general use F&O positions as a hedge tool; whereas FIIs tend to take a directional call. The current short bets by FIIs need to be closely tracked, if these do get rolled-over to the June series. Having said that, both DIIs and FIIs seem to be circumspect of the Indian market, especially with Nifty around 25,000 levels. Nifty options data indicate that FIIs and DIIs both seem keen to defend the Nifty resistance around 25,000 - 25,200 levels, for now, Ajit Mishra added. Meanwhile, among the other participants in the F&O segment, proprietary traders are seen holding nearly 3 short positions in index futures for every 2 buy side bets. Retail investors are the most bullish lot, with nearly 3 long bets for every 2 short positions. Among individual stocks on Wednesday, Titagarh Rail Systems saw 28.4 per cent increase in open positions, as the stock advanced 1.2 per cent. On the other hand, Dixon Technologies saw addition of 23.8 per cent open bets alongside over 6 per cent fall in its share price. ALSO READ |
