Latest news with #FII
Hans India
a day ago
- Business
- Hans India
Quarterly updates will direct market mood
Amidvolatility led by uncertainties in trade agreement with the US, tepid corporate earnings, persistent FII selling, better domestic macro data, and above normal monsoon; the benchmark indices extended their fall for the third consecutive week. The Sensex shed 742.74 points or 0.90 percent to close at 81,757.73, and the Nifty fell 181.45 points or 0.72 percent to close at 24,968.40. In this month till date, the Sensex and the Nifty have quietly declined 2 percent each. Consolation for retail investors was that broader markets outperformed during the week ended and both the Mid and Small-cap indices gained 1 percent and 1.5 percent, respectively. The FIIs continued their selling in the third week, with sales worth Rs 6671.57 crore. Expectedly, DIIs extended their buying in the 13th week with purchases worth Rs 9,490.54 crore. It is pertinent to observe that, in this month till date, FIIs sold equities worth Rs 16,955.75 crore, while DIIs bought equities worth Rs 21,893.52 crore. The Indian rupee weakened to mark its second consecutive weekly loss, as the U.S. dollar rebounded from a more than two-year low and sustained equity outflows pressured domestic markets. The rupee closed at 86.1475, compared to its previous close of 86.0750. Markets are keenly looking forward to the upcoming monsoon session of Parliament. If the government can push through the SEZ Amendment Bill in the monsoon session of Parliament, it will be a fillip for industry feel observers. Rising fertiliser prices pose risk to government's subsidy estimates with prices in the international market are rising on trade restrictions, tight supplies and steady demand. On the global front, markets are closely monitoring the outcome of the proposed US-India mini trade agreement. A favourable resolution could strengthen the outlook for export-oriented sectors and enhance India's relative attractiveness among emerging markets. Meanwhile, the continued moderation in inflation has bolstered expectations of an additional rate cut, which, if materialised, would be supportive of market sentiment. As the earnings season progresses, quarterly updates from index heavyweights will be closely monitored. Strong earnings growth is vital to justify India's premium valuations. At the start of the week ahead, market will also react to the earnings of RIL, JSW Steel, HDFC Bank and ICICI Bank. Nearly 286 companies are scheduled to announce their June quarter results over the next six days. Among the Nifty constituents, results are expected from Eicher Motors, UltraTech Cement, Bajaj Finance, Bajaj Finserv, Dr. Reddy's Laboratories, Infosys, Tata Consumer Products, Nestlé India, SBI Life Insurance, Cipla, Kotak Mahindra Bank, Paytm, IRFC, United Breweries, Zee Entertainment, and Bajaj Housing Finance Follow market trends and history. Don't speculate that this particular time will be any different. For example, a major key to investing in a specific stock is its performance over five years. FUTURES & OPTIONS / SECTOR WATCH Under the shadow of global uncertainty and weak earnings, both the Nifty and the Bank Nifty ended the week in the red note. The Nifty oscillated within a narrow 276-point range, between 25144.60 on the higher end and 24918.65 on the lower end, before settling mildly lower. Nifty slipped over 0.70%, while Bank Nifty underperformed with a loss of more than 0.80%. In the options market, prominent Call open interest for Nifty was seen at the 25,200 and 25,100 strike, while the notable Put open interest was at the 25,000 and 24,800 strike. For Bank Nifty, the prominent Call open interest was seen at the 57,000 strike, whereas notable Put open interest at the 56,000 strike. Implied volatility (IV) for Nifty's Call options settled at 10.83%, while Put options concluded at 11.49%. The India VIX, a key indicator of market volatility, concluded the week at 11.24%, suggesting continued complacency in the markets. The Put-Call Ratio Open Interest (PCR OI) stood at 0.99 for the week. While the broader trend remains intact and the Nifty is above key moving averages, it is still within a complex zone of consolidation. It is pertinent to observe that this pause in momentum comes after a sharp up move from the lows near 21743 in April. The immediate resistance for the Nifty is at 25150, followed by 25400. On the lower side, the key support zones are placed at 24750 and further near 24380. Traders should closely watch the psychological mark of 25,000 if Nifty manages to close above it, we could see a short-term bounce. But if it keeps trading below this level, the market may face more downside pressure. Savvy old timers say it would be prudent for traders to remain selective and protect profits at higher levels. The markets are not displaying signs of aggressive strength, and unless there is a convincing move above 25350, a stock-specific approach with tight risk management is advised. Traders may avoid aggressive fresh buying until a directional move is clearly established. Cautious optimism, with a focus on stocks exhibiting stronger relative strength, is the ideal approach for the coming week. Stocks looking good are Amber, Adani Green, Hero Motocorp, Jindal Steel, JSW Steel, Prestige and Paytm. Stocks looking weak are BDL, RVNL, Pidilite, Tata Technologies, SBI Card and Inox Wind. (The author is a senior maket analyst and former vice-chairman, Andhra Pradesh State Planning Board)
Mint
a day ago
- Business
- Mint
Stock market today: Trade setup for Nifty 50, global markets to Q1 results today; Eight stocks to buy or sell on Monday
Stock Market Today: For the week ending 18 July 2025, the benchmark Nifty-50 index ended 0.7% lower at 24,968.40, amid ongoing consolidation in the market. Bank Nifty at 56,283.00 saw similar losses, while the IT index was among other key losers, though Realty and Healthcare were among the top key gainers. In the broader indices, the mid- and small-caps registered healthy gains. The short-term market texture is weak, but a fresh sell-off is possible only after the dismissal of 24,900 for Nifty. Below this level, the market is likely to retest the levels of 24,600–24,500, as per Amol Athawale, VP of Technical Research, Kotak Securities. For Bank Nifty, 56,900 could serve as a crucial resistance area for the bulls, as per Athawale. Investors will first react to the results of three heavyweights—Reliance, HDFC Bank, and ICICI Bank—during early trades on Monday, while several prominent companies, including Infosys, Dr. Reddy's Laboratories, Bajaj Finance, Nestle India, and Cipla are scheduled to announce their quarterly results. Globally, market participants will monitor trade deal updates, which could influence FII flows and currency movements. At the same time, uncertainty persists as global markets recalibrate expectations for Federal Reserve rate cuts amid sticky inflation and trade-related tensions, as per Ajit Mishra—SVP, Research, Religare Broking Ltd. Regarding stocks to buy today, market experts—Sumeet Bagadia, Executive Director at Choice Broking; Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi; and Shiju Koothupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher—recommended these eight intraday stocks for today: Krishna Institute of Medical Sciences Ltd., Indian Hotels Company Ltd., Godrej Properties Ltd., Supreme Industries Ltd., Himatsingka Seide Ltd., Som Distilleries & Breweries Ltd., and Jagran Prakashan Ltd. Krishna Institute of Medical Sciences Ltd-Bagadia recommends buying KIMS at around ₹ 761.25, keeping Stop Loss at ₹ 734 for a target price of ₹ 822 KIMS is currently trading at ₹ 761.25 and has recently marked a new all-time high at ₹ 768.90, underscoring strong bullish momentum. The stock maintains a well-defined upward price structure characterized by higher highs and higher lows, reflecting sustained buying interest. This breakout to a new high signals a positive shift in market sentiment and robust demand from investors. 2. Indian Hotels Company Ltd—Bagadia recommends buying INDHOTEL at around ₹ 766.20, keeping Stoploss at ₹ 739 for a target price of ₹ 827 INDHOTEL is currently trading at ₹ 766.20, exhibiting a positive upward trajectory. The stock is forming a long-term symmetrical triangle pattern and has recently bounced from lower levels, indicating a resurgence in bullish momentum. It has taken strong support at the 50-day Exponential Moving Average (EMA) on the weekly timeframe and continues to trade comfortably above its 20-day, 50-day, and 200-day 3. Godrej Properties Ltd—Dongre recommends buying Godrej Properties, or GODREJPROP, at ₹ 2365, keeping Stoploss at ₹ 2325 for a target price of ₹ 2450 Stock has exhibited a strong, notable, continued bullish pattern, offering another promising opportunity for short-term traders. The stock is currently priced at ₹ 2365 and maintaining strong support at ₹ 2925. The technical setup indicates the potential for a price retracement towards the ₹ 2450 level. With the stock reversing from a support base and showing signs of renewed strength, entering at the current market price with a stop-loss at ₹ 2325 offers a prudent approach to capturing the anticipated upside. 4. Supreme Industries Ltd—Dongre recommends buying SUPREMEIND at around ₹ 4216, keeping the stop loss at ₹ 4150 for a target price of ₹ 4400 Stock has exhibited a strong, notable, continued bullish pattern, offering another promising opportunity for short-term traders. The stock is currently priced at ₹ 4216 and maintaining strong support at ₹ 4150. The technical setup indicates the potential for a price retracement towards the ₹ 4400 level. With the stock reversing from a support base and showing signs of renewed strength, entering at the current market price with a stop-loss at ₹ 4150 offers a prudent approach to capturing the anticipated upside. 5. Jindal Steel & Power Ltd—Dongre recommends buying Jindal Steel & Power at around ₹ 957, keeping the stop loss at ₹ 940 for a target price ₹ 990 In the latest short-term technical analysis, the stock has shown a strong and consistent bullish trend, indicating the potential for an extended upward move. The stock is currently trading at ₹ 957 and holding above a key support level at ₹ 940. This support zone serves as a critical point for risk management. Given the bullish momentum, traders are advised to consider a buying opportunity with a stop-loss placed strategically at ₹ 940 to manage downside risk. The target for this trade is set at ₹ 990, suggesting a favorable risk-to-reward ratio and a continuation of the prevailing upward trend. 6. Himatsingka Seide Ltd.—Koothupalakkal recommends buying HIMATSINGKA SEIDE at around ₹ 154.80 for a target price of ₹ 166, keeping the stop loss at ₹ 151 The stock has indicated a higher low formation on the daily chart, taking support near the ₹ 148 level, and with a revival witnessed, has improved the bias to anticipate a further upward move in the coming sessions. The chart setup technically looks good, with the RSI well positioned, indicating a trend reversal to signal a buy, and with much upside potential visible, we can expect a further rise. With the volume of participation on the rise, we suggest buying the stock. 7. Som Distilleries & Breweries Ltd—Koothupalakkal recommends buying SOM DISTILLERIES at around ₹ 160 for a target price of ₹ 170. Stop loss at ₹ 156 The stock has witnessed a short period of correction, and taking support near the important 50EMA zone at the 150 level has once again indicated a pullback with a bullish candle to form a higher bottom formation to improve the bias, and we can anticipate a further rise. The RSI is currently well placed after the correction and has indicated a positive trend reversal to signal a buy. With the chart technically looking good, we suggest buying the stock. 8. Jagran Prakashan Ltd- Koothupalakkal Buy JAGRAN PRAKASHAN at around ₹ 74.77 for a target of ₹ 80, keeping a stop loss of ₹ 73 The stock has been in consolidation for quite some time, maintaining the support near the ₹ 70.50 level, currently indicating a strong bullish candle formation moving past the important 50EMA at the ₹ 72.60 level to improve the bias, and we can expect further gains in the coming sessions. The volume participation has been significant, and with the RSI currently well positioned, it has indicated a steep rise, indicating strength, and can carry on with the positive move further ahead. With much upside potential visible from the current rate and the chart technically looking good, we suggest buying the stock. Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Time of India
3 days ago
- Business
- Time of India
FII selloff: Rs 10,169 crore pulled out in 5 days from Indian markets; valuation fears rise
Foreign Institutional Investors (FIIs) have renewed heavy selling in Indian equities, withdrawing a massive Rs 10,169 crore over five straight sessions through July 17, according to data cited by an ET report. The latest wave of outflows has pushed the July tally past the $1 billion mark, marking a sharp reversal after three months of net buying. The heaviest daily selling came on July 11, when FIIs dumped Rs 4,495 crore. July 17 saw another significant exit, with Rs 3,671 crore in net outflows — the second-largest daily figure during the stretch. FII activity in Indian equities Date FII net flow (Rs crore) Jul-17* -3,671 Jul-16 -1,041 Jul-15 -174 Jul-14 -789 Jul-11 -4,495 *Note: Jul 17 data is based on NSE provisional figures. Source: NSDL, ACE Equity Despite the foreign exodus, Domestic Institutional Investors (DIIs) helped cushion the market, pumping in nearly Rs 11,000 crore over the same period. This DII support prevented sharper corrections amid rising volatility. The July reversal comes after three strong months of FII buying between April and June, with Rs 14,600 crore invested in June alone. Year-to-date, however, the broader trend remains negative, with total FII outflows nearing Rs 90,000 crore in 2025 — reflecting persistent global caution. 'In July so far, India has been underperforming most markets, with a dip of 1.6% in the Nifty,' said Dr V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Amazing Japanese all-in-one gel for blemish removal YUKINOUE雪之上 Learn More Undo 'A significant contributor to the decline is the selling by FIIs. There is a clear pattern in FII activity this year: they were sellers in the first three months, turned buyers for the next three, and in the seventh month, the trends so far indicate further selling — unless some positive news reverses the downtrend in the market. ' He added, 'Along with selling in the cash market, FIIs have been increasing short positions in the derivatives market too, which reflects a bearish outlook. Elevated valuations in India and cheaper valuations in other markets will continue to influence FII activity.' Adding to the cautious tone, global brokerage Citi downgraded India's equity rating to 'neutral' from 'overweight'. The firm cited stretched valuations and a moderating earnings growth outlook, while reaffirming its 'overweight' stance on markets like China, Korea, and the Philippines. 'India remains the most expensive market (23 times earnings) compared to both its peers and its own average valuation,' Citi noted. 'While India's macro story looks better and a US trade deal may be on the cards, the market's earnings growth outlook no longer looks exceptional in the context of high valuations. stock market and other asset classes given by experts are their own. These opinions do not represent the views of The Times of India) Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
4 days ago
- Business
- Time of India
Citi downgrades to Indian equities to ‘neutral' from ‘overweight'; here's why
Brokerage firm Citi has cut down its rating on Indian equities to 'neutral' from 'overweight', pointing to expensive valuations and weaker earnings growth forecasts. 'India remains most expensive market (23 times) vs both its peers and its own average valuation,' the firm said in a note, even as it acknowledged that India's macroeconomic story is stronger than many of its peers and a favourable US trade deal is possible, ET cited the firm. However, it believes the outlook for earnings growth is 'no longer exceptional' given the current market levels. Citi continues to prefer China, Korea, and the Philippines, citing better earnings revision trends and more attractive valuations in those markets. Within India, Citi favours banks, NBFCs, healthcare, and telecoms, but maintains an underweight stance on IT services, metals, and consumer staples. 'A turnaround in FII sentiment (relatively favorable trade deal with US, consumption growth recovery, etc., could aid) could support valuations/performance,' the firm added. Meanwhile, Foreign Institutional Investors (FIIs) have intensified their selling activities in Indian equity markets, with net outflows occurring across five successive trading sessions. During this short but significant period, FIIs have pulled out Rs 10,169 crore, exceeding $1 billion in total sales. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Weather Tomorrow search Click Here Undo These figures incorporate the substantial outflow observed on July 17. The largest withdrawal was witnessed on July 17, with FIIs offloading Rs 3,671 crore, representing the second-highest single-day outflow within the recent five sessions. The most substantial single-day withdrawal amounted to Rs 4,495 crore, highlighting the considerable scale of FII departures from the market. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Economic Times
4 days ago
- Business
- Economic Times
FIIs pull out over $1 billion from Dalal Street in 5 days of non-stop selling
FIIs have pulled out over Rs 10,000 crore from Indian equities in five days, reversing their three-month buying streak. DIIs remain net buyers. July shows renewed bearishness, with Citi downgrading India to 'neutral' due to high valuations and weaker earnings forecasts. Global concerns continue to pressure Indian markets. Tired of too many ads? Remove Ads In contrast, DIIs stay bullish Tired of too many ads? Remove Ads Citi downgrades India to 'Neutral' Foreign Institutional Investors ( FIIs ) have resumed their aggressive selling spree in Indian equity markets, registering net outflows for five consecutive trading sessions. Over this brief yet impactful period, FIIs have withdrawn a staggering Rs 10,169 crore, surpassing the USD 1 billion mark in cumulative selling. This data includes the heavy outflow recorded on July most significant pullback came on July 17, when FIIs sold Rs 3,671 crore, marking the second-largest single-day outflow in the past five sessions. The biggest single-day exit was a whopping Rs 4,495 crore, underlining the intensity and pace of FII while FIIs were offloading equities, Domestic Institutional Investors (DIIs) stepped in as consistent buyers. Over the same five-day period, DIIs pumped in close to Rs 11,000 crore, providing some support to the market and helping absorb the selling focus back to FIIs — on a monthly basis, July has reversed the trend. FIIs, who were net buyers for three straight months — from April to June 2025 — have now turned net sellers. Their most aggressive buying was seen in June 2025, when they invested around Rs 14,600 crore into Indian equities . This makes July's sharp exit even more broader trend for calendar year 2025 also paints a bearish picture. So far, FIIs have pulled out nearly Rs 90,000 crore from Indian equities, pointing to persistent caution and growing discomfort with current market V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services said, "In July so far, India has been underperforming most markets, with a dip of 1.6% in the Nifty. A significant contributor to the decline is the selling by FIIs. There is a clear pattern in FII activity this year: they were sellers in the first three months, turned buyers for the next three, and in the seventh month, the trends so far indicate further selling — unless some positive news reverses the downtrend in the market. Along with selling in the cash market, FIIs have been increasing short positions in the derivatives market too, which reflects a bearish outlook. Elevated valuations in India and cheaper valuations in other markets will continue to influence FII activity."Global brokerage firm Citi has downgraded India to 'neutral' from 'overweight', citing elevated valuations and a moderation in earnings growth forecasts. The brokerage maintained its 'overweight' stance on China, Korea, and the Philippines, reflecting better earnings revision trends and more attractive valuations, ET reports."India remains the most expensive market (23 times) compared to both its peers and its own average valuation," said Citi. The brokerage added that while India's macro story looks better than its peers and a US trade deal is possible, the market's earnings growth outlook "no longer looks exceptional" against the backdrop of high valuations.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
