Latest news with #FIIs
News18
6 hours ago
- Business
- News18
Two days of market fall erodes Rs 8.67 lakh crore from investors wealth
Agency: PTI New Delhi, Jul 25 (PTI) Investors' wealth eroded by Rs 8.67 lakh crore in two days of sharp fall in the equity market, where the benchmark Sensex tanked 1.52 per cent. Persistent foreign fund outflows and heavy selling in financial, IT stocks have dragged the markets lower. In the past two trading days, the 30-share BSE Sensex has dropped 1,263.55 points or 1.52 per cent. Following the sharp fall in equities, the market capitalisation of BSE-listed firms fell by Rs 8,67,406.75 crore to Rs 4,51,67,858.16 crore (USD 5.22 trillion) in two days. On Friday, the Sensex tanked 721.08 points or 0.88 per cent to settle at over a month's low of 81,463.09. The 50-share NSE Nifty dropped 225.10 points or 0.90 per cent to a month's low of 24,837. 'Nifty ended lower for the second consecutive day, declining 225 points to close below the 25K mark at 24,837 (-0.9 per cent). Financial stocks, particularly Bajaj Finance, led the sell-off due to concerns over asset quality. Global uncertainties, lack of progress in the India-US trade negotiations, and continuous selling by foreign investors further contributed to the market's negative performance," Siddhartha Khemka, Head of Research-Wealth Management at Motilal Oswal Financial Services Ltd, said. However, Sun Pharma and Bharti Airtel emerged as the gainers. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,133.69 crore on Thursday, according to exchange data. 'Subdued corporate results and lacklustre global cues triggered a broad-based sell-off across domestic equities. Elevated valuations in large-cap stocks, coupled with significant net short positions held by FIIs, added to the downward pressure. 'Investor sentiment remained fragile amid ongoing uncertainty over US-India tariff negotiations and the ECB (European Central Bank) maintaining the status quo, with rate cuts deferred until clearer insights emerge on the inflationary impact of trade developments," Vinod Nair, Head of Research at Geojit Investments Limited, said. The BSE smallcap gauge tanked 1.88 per cent and midcap index dropped 1.46 per cent. Utilities slumped 2.37 per cent, power tumbled 2.36 per cent, oil & gas (2.11 per cent), industrials (1.88 per cent), capital goods (1.83 per cent), IT (1.65 per cent) and metal (1.64 per cent). BSE Healthcare emerged as the only gainer. As many as 2,892 stocks declined while 1,117 advanced and 145 remained unchanged on the BSE. PTI SUM SUM SHW view comments First Published: July 25, 2025, 17:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Mint
7 hours ago
- Business
- Mint
Sensex drops 732 points; investors lose ₹6.5 lakh crore in a day— 10 key highlights from the Indian stock market today
The Indian stock market ended with significant losses for the second consecutive session on Friday, July 25. The Sensex closed 721 points, or 0.88 per cent, down at 81,463.09, while the Nifty 50 settled 225 points, or 0.90 per cent, lower at 24,837. The market saw an overall sell-off, and the mid- and small-cap segments ended with even deeper losses. The BSE Midcap index declined 1.46 per cent, while the Smallcap index crashed 1.88 per cent. Investors lost nearly ₹ 6.5 lakh crore in a single day as the cumulative market capitalisation of BSE-listed firms dropped to nearly ₹ 451.7 lakh crore from ₹ 458.11 lakh crore in the previous session. Weak earnings, delayed India-US trade deal, relentless foreign capital outflow amid stretched valuation of the domestic market are the key factors behind the market's downtrend. "Subdued corporate results and lacklustre global cues triggered a broad-based sell-off across domestic equities. Elevated valuations in large-cap stocks, coupled with significant net short positions held by FIIs, added to the downward pressure," Vinod Nair, Head of Research, Geojit Investments, observed. "Investor sentiment remained fragile amid ongoing uncertainty over US-India tariff negotiations and the ECB maintaining the status quo, with rate cuts deferred until clearer insights emerge on the inflationary impact of trade developments. Moderation in DII inflows after the strong buying of the last two to three months, due to a muted earnings season and persistent FII selling, continues to impact the current market," said Nair. Only seven stocks managed to end in the green in the Nifty 50 index, among which Cipla (up 3.17 per cent), SBI Life Insurance Company (up 2.07 per cent), and Apollo Hospitals (up 1.50 per cent) stood at the top. Shares of Bajaj Finance (down 4.81 per cent), Shriram Finance (down 3.64 per cent), and IndusInd Bank (down 2.64 per cent) ended as the top losers in the index. Barring Nifty Healthcare (up 0.69 per cent) and Pharma (up 0.54 per cent), all sectoral indices ended with losses, with Media (down 2.61 per cent), Oil & Gas (down 1.96 per cent), PSU Bank (down 1.70 per cent), and Metal (down 1.64 per cent) losing heavily. Nifty Bank dropped 0.94 per cent, while the Financial Services ended 0.88 per cent lower. Jayaswal Neco Industries (34.72 crore shares), Vodafone Idea (23.83 crore shares), and Ola Electric Mobility (13.61 crore shares) were the most active stocks in terms of volume on the NSE. Defying weak market sentiment, 15 stocks, including The Phosphate Company, Aashka Hospitals, Sharda Cropchem, Kellton Tech Solutions, Sharika Enterprises, and Vimta Labs, surged over 10 per cent on the BSE. B-Right Realestate, Eighty Jewellers, Jonjua Overseas, and Hexaware Technologies were among the seven stocks that crashed more than 10 per cent on the BSE. Out of 4,154 stocks traded on the BSE, 1,116 advanced, while 2,893 declined. Some 145 stocks remained unchanged. While the stock market ended with significant losses, as many as 111 stocks, including ICICI Bank, eClerx Services, Home First Finance Company India, Laurus Labs, Sai Life Sciences, Shyam Metalics and Energy, and Torrent Pharmaceuticals, hit their 52-week highs in intraday trade. Praveen Dwarakanath, Vice President of pointed out that the Nifty sharply fell from its resistance of 25,200 and closed near its support at 24,800, indicating a possible bounce in the index from the current level. Dwarakanath further highlighted that the index has closed near the lower Bollinger band, a support from which can push the index upside. The momentum indicators in today's fall have entered the oversold region, which can also push the markets upward from current levels. Dwarakanath also said the index is at a strong weekly buy level between 24,600 and 24,800. A bounce from this level can present a strong selling opportunity near the 25,200 levels. Read all market-related news here Read more stories by Nishant Kumar
Mint
8 hours ago
- Business
- Mint
Sensex drops 732 points; investors lose ₹6.5 lakh crore in a day— 10 key highlights from the Indian stock market today
The Indian stock market ended with significant losses for the second consecutive session on Friday, July 25. The Sensex closed 721 points, or 0.88 per cent, down at 81,463.09, while the Nifty 50 settled 225 points, or 0.90 per cent, lower at 24,837. The market saw an overall sell-off, and the mid- and small-cap segments ended with even deeper losses. The BSE Midcap index declined 1.46 per cent, while the Smallcap index crashed 1.88 per cent. Investors lost nearly ₹ 6.5 lakh crore in a single day as the cumulative market capitalisation of BSE-listed firms dropped to nearly ₹ 451.7 lakh crore from ₹ 458.11 lakh crore in the previous session. Weak earnings, delayed India-US trade deal, relentless foreign capital outflow amid stretched valuation of the domestic market are the key factors behind the market's downtrend. "Subdued corporate results and lacklustre global cues triggered a broad-based sell-off across domestic equities. Elevated valuations in large-cap stocks, coupled with significant net short positions held by FIIs, added to the downward pressure," Vinod Nair, Head of Research, Geojit Investments, observed. "Investor sentiment remained fragile amid ongoing uncertainty over US-India tariff negotiations and the ECB maintaining the status quo, with rate cuts deferred until clearer insights emerge on the inflationary impact of trade developments. Moderation in DII inflows after the strong buying of the last two to three months, due to a muted earnings season and persistent FII selling, continues to impact the current market," said Nair. Only seven stocks managed to end in the green in the Nifty 50 index, among which Cipla (up 3.17 per cent), SBI Life Insurance Company (up 2.07 per cent), and Apollo Hospitals (up 1.50 per cent) stood at the top. Shares of Bajaj Finance (down 4.81 per cent), Shriram Finance (down 3.64 per cent), and IndusInd Bank (down 2.64 per cent) ended as the top losers in the index. Barring Nifty Healthcare (up 0.69 per cent) and Pharma (up 0.54 per cent), all sectoral indices ended with losses, with Media (down 2.61 per cent), Oil & Gas (down 1.96 per cent), PSU Bank (down 1.70 per cent), and Metal (down 1.64 per cent) losing heavily. Nifty Bank dropped 0.94 per cent, while the Financial Services ended 0.88 per cent lower. Jayaswal Neco Industries (34.72 crore shares), Vodafone Idea (23.83 crore shares), and Ola Electric Mobility (13.61 crore shares) were the most active stocks in terms of volume on the NSE. Defying weak market sentiment, 15 stocks, including The Phosphate Company, Aashka Hospitals, Sharda Cropchem, Kellton Tech Solutions, Sharika Enterprises, and Vimta Labs, surged over 10 per cent on the BSE. B-Right Realestate, Eighty Jewellers, Jonjua Overseas, and Hexaware Technologies were among the seven stocks that crashed more than 10 per cent on the BSE. Out of 4,154 stocks traded on the BSE, 1,116 advanced, while 2,893 declined. Some 145 stocks remained unchanged. While the stock market ended with significant losses, as many as 111 stocks, including ICICI Bank, eClerx Services, Home First Finance Company India, Laurus Labs, Sai Life Sciences, Shyam Metalics and Energy, and Torrent Pharmaceuticals, hit their 52-week highs in intraday trade. (This is a developing story. Please check back for fresh updates.) Read all market-related news here Read more stories by Nishant Kumar Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
Mint
12 hours ago
- Business
- Mint
Zee to Bajaj Housing- Prashanth Tapse of Mehta Equities suggests stocks to buy in the short term
Stock market today: Indian stock markets faced pressure on Friday as Foreign Portfolio Investors (FPIs) contributed to a decline in investor sentiment. At 11:30 IST, the Nifty 50 was positioned at 24,890 . 95, down by 170.40 points or 0.67%, while the Sensex was trading at 81,696.77, marking a drop of 480.05 points or 0.53%. Foreign Institutional Investors (FIIs) offloaded equities amounting to ₹ 2,133.69 crore on Thursday, according to exchange statistics. In contrast, Domestic Institutional Investors (DIIs) bought shares valued at ₹ 2,617.14 crore. Market analysts indicate that the short-term outlook for the market has deteriorated. Ongoing selling by FIIs, which has reached a total of ₹ 11,572 crore over the last four trading days, is likely to negatively affect the market. Global signals also remained unfavorable. The upcoming US-China trade discussions scheduled in Sweden for Monday are anticipated to provide critical insights into the direction of US-India negotiations, particularly as talks regarding Russian oil supplies are also on the agenda in Stockholm. With a lack of fiscal measures and the monetary policy meeting set for August 6, Indian markets are preparing for a potentially weak conclusion to the week, which could result in the fourth consecutive week of losses. Nifty 50 remains in a positive zone, with the 24,882 mark acting as the most important support for today. On the upside, the index faces stiff resistance at 25,246. As long as Nifty 50 holds above 24,882, the trend is expected to stay constructive, with any dip providing an opportunity to buy. Market breadth and participation from large-cap stocks continue to support the upward bias. Sustaining above 25,000 can lead to a push towards 25,200–25,250, but a breach of 24,882 would warrant caution. Bank Nifty's primary support lies at 56,692, with a secondary cushion at 56,204. Key resistance levels are seen at 57,294 and 57,628. The index remains resilient and is likely to see further upside as long as 56,692 holds. Positive sentiment in both private and PSU banks is keeping the momentum strong. Traders are advised to maintain long positions with stop losses just below key support, as a move above 57,294 could open the way to 57,628 and higher. Prashanth Tapse recommends buying these three stocks in the short term - Apollo Hospitals, Zee Ltd, and Bajaj Housing Finance. Buy at ₹ 7,414 | SL: ₹ 7,200 | Target: ₹ 7,900 Apollo Hospitals has formed a strong base near ₹ 7,200 and is witnessing renewed buying interest. The stock has broken out above short-term resistance levels with healthy volumes, indicating bullish momentum. As long as ₹ 7,200 holds, Apollo Hospitals can rally toward ₹ 7,900. Suitable for short-term traders seeking momentum plays. Buy at ₹ 127.39 | SL: ₹ 110.00 | Target: ₹ 160 Zee Ltd is showing signs of recovery from its recent lows, finding support near ₹ 122. A close above ₹ 127.39 confirms a bullish reversal, backed by improved volume activity and positive momentum on technical indicators. The stock has potential to move towards ₹ 150-160 in the near term, with a stop loss at ₹ 110 to manage risk. Buy at ₹ 117.44 | SL: ₹ 100 | Target: ₹ 150 Bajaj Housing Finance is consolidating above key support at ₹ 112 and has started to show early signs of accumulation. A breakout above ₹ 117.44 could trigger a swift upmove towards ₹ 150. Momentum indicators are turning positive, making this an attractive buy for short-term positional traders with a well-defined stop loss at ₹ 100. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
14 hours ago
- Business
- Mint
Stocks to buy: Rajesh Palviya of Axis Sec suggests Jindal Steel, Ipca Lab, Rain Industries shares today
Stock market today: Equity benchmark indices, including the Sensex and Nifty 50, fell in early trading on Friday, led by declines in Bajaj Finance and ongoing withdrawals by foreign investors. Additionally, a negative trend in Asian markets further affected investor sentiment. The 30-share Sensex fell by 407.45 points to reach 81,776.72 in the early session. The 50-share Nifty 50 decreased by 144.3 points, bringing it down to 24,917.80. Foreign Institutional Investors (FIIs) sold off equities amounting to ₹ 2,133.69 crore on Thursday, as per exchange data. In contrast, Domestic Institutional Investors (DIIs) purchased shares worth ₹ 2,617.14 crore. Market experts suggest that the market outlook in the short term has weakened. Continued FII selling, totaling ₹ 11,572 crore over the past four trading days, is expected to impact the market negatively. On the technical front, Rajesh Palviya of Axis Securities believes that from current levels, the short-term outlook for Nifty 50 remains cautious with an expected supply zone of 25,300-25,500 levels. Palviya recommends three stocks to buy. Here's what he says about the overall market. On the daily and hourly charts, the index is trending lower, forming a series of lower tops and bottoms, indicating negative bias. Nifty 50 is sustaining below its 20-day SMA, which signals a short-term downtrend. From current levels, the short-term outlook remains cautious with an expected supply zone of 25,300-25,500 levels. On the downside, the short-term support is placed around 25,000-24,900 levels; any violation of the same may cause further downside towards 24,500 levels. The daily strength indicator RSI has turned bearish and sustained below its reference lines, indicating a loss of strength. On the daily and weekly charts, the stock has confirmed a higher top and bottom formation, indicating bullish sentiments. It has also confirmed a "multiple resistance zone" of 990 levels on a closing basis, along with huge volumes, which signifies increased participation. The daily "band bollinger" buy signal indicates increased momentum. The stock is sustaining above its 20, 50, 100 and 200-day Simple Moving Averages (SMA), reconfirming the bullish trend. Investors should consider buying, holding, and accumulating this stock. Its expected upside is 1085-1200, and its downside support zone is the 980-960 levels. With the current close, the stock has decisively surpassed the past 6-7 months' multiple resistance zone of 1520 levels, along with huge volumes indicating a strong comeback of bulls. The daily and weekly "band Bollinger" buy signal indicates increased momentum. The stock is sustaining above its 20, 50, 100 and 200-day Simple Moving Averages (SMA), reconfirming the bullish trend. The daily, weekly and monthly strength indicator, Relative Strength Index (RSI), is in favourable territory, indicating rising strength across all time frames. Investors should consider buying, holding, and accumulating this stock. Its expected upside is 1650-1760, and its downside support zone is the 1500-1440 levels. On the daily chart, the stock has broken out past five months' "consolidation range" (157-135) on a closing basis. This breakout is accompanied by huge volumes, which signify increased participation at the breakout zone. The stock is sustaining above its 20, 50, 100 and 200-day Simple Moving Averages (SMA), reconfirming the bullish trend. The daily, weekly and monthly strength indicator, Relative Strength Index (RSI), is in favourable territory, indicating rising strength across all time frames. The daily and weekly "band Bollinger" buy signal indicates increased momentum. Investors should consider buying, holding, and accumulating this stock. Its expected upside is 170-185, and its downside support zone is 155 -149 levels. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
