Latest news with #FIIs
The Hindu
6 hours ago
- Business
- The Hindu
Stock markets advance for second day on buying in L&T; Sensex gains 144 points
Benchmark stock indices Sensex and Nifty ended higher on Wednesday (July 30, 2025), driven by heavy buying in infrastructure major Larsen & Toubro. Rising for the second day, the 30-share BSE Sensex climbed 143.91 points or 0.18%, to settle at 81,481.86. During the day, the barometer moved in a tight range and rose by 281.01 points or 0.34%, to hit a high of 81,618.96. The 50-share NSE Nifty went up by 33.95 points or 0.14%, to 24,855.05. U.S. trade deal uncertainty and foreign fund outflows restricted the market rally to a large extent, analysts said. Among Sensex firms, Larsen & Toubro jumped 4.87% after the infrastructure major reported a 29.8% rise in consolidated net profit at ₹3,617.19 crore during the June quarter, driven by strong overseas order growth. Sun Pharma, NTPC, Maruti, Bharti Airtel, Trent and Axis Bank were also among the gainers. However, Tata Motors, Power Grid, Eternal, Bajaj Finserv and Hindustan Unilever were among the laggards. Foreign Institutional Investors (FIIs) offloaded equities worth ₹4,636.60 crore on Tuesday (July 29, 2025), according to exchange data. U.S. President Donald Trump has said the trade deal with India is not finalised, as he stressed that India imposes more tariffs than almost any other country. Mr. Trump spoke to reporters on Tuesday (July 29, 2025) on Air Force One on his way back to Washington from Scotland and was asked about the trade deal with India. 'No, it's not,' Mr. Trump said when asked if the deal with India is finalised. He was also asked about reports that India is preparing to face higher US tariffs between 20-25%, to which he replied, 'I think so. Markets traded in a tight range and ended marginally higher amid mixed cues. After a flat start, the Nifty oscillated within a narrow band throughout the session and finally settled at 24,855.05.' 'Sentiment remained subdued due to lingering uncertainty over the trade deal, following the latest statement from the US President about potential tariffs on India, amid delays in finalising the agreement ahead of the August 1 deadline,' Ajit Mishra – SVP, Research, Religare Broking Limited, said. In Asian markets, Japan's Nikkei 225 index and Hong Kong's Hang Seng settled lower, while South Korea's Kospi and Shanghai's SSE Composite index ended in positive territory. European markets were quoting on a mixed note. The US markets ended lower on Tuesday (July 29, 2025). Global oil benchmark Brent crude declined 0.44% to $72.19 a barrel. On Tuesday (July 29, 2025), the Sensex jumped 446.93 points or 0.55%, to settle at 81,337.95. The Nifty climbed 140.20 points or 0.57%, to 24,821.10.
Time of India
6 hours ago
- Business
- Time of India
FIIs trim holdings in 10 midcap stocks; one plunges 70% in FY26
Synopsis 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
Time of India
15 hours ago
- Business
- Time of India
Cover short positions, a break above 24,890 needed to confirm bullish reversal: Vinay Rajani
Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads , AVP, Senior Technical & Derivative Analyst, says following a significant 1,000-point decline, the index has now arrived at a support zone, with derivative data indicating an oversold condition. Rajani suggests covering short positions and awaiting market stabilization. While the overall positional trend remains weak due to the existing lower tops and bottoms formation, a break above 24,890 is needed to confirm a bullish reversal Nifty has already witnessed more than 1,000 points fall from the recent swing high of 25,670 and now Nifty has reached the crucial support band around 24,500 to 24,600. So, there is a 100 days EMA, today's low which is around 24,598, also happens to be the 100-day exponential moving average for the Nifty. So, that is also a crucial support and as we all know, in the month of June also, there was a huge consolidation and long consolidation was there and the base which was there in the month of June for Nifty was around there and the base in June for Nifty was around 24,500. So, the 24,500-24,600 zone is a very crucial we all know that the long to short ratio by FIIs in index futures has also been in the oversold territory . Yesterday's ratio was 0.17. They have been carrying short positions for a long time and this is an oversold number and anytime soon we can see the covering of their shorts by the FIIs in the index future. So, after a 1,000 points fall, now the index has reached the support zone and derivative data is also suggesting some oversold is the time to cover your shorts and wait for some stable market. However, the positional trend of the market will remain weak because as we all know the lower tops, lower bottom formation is still intact, and the previous swing low was 24,890 odd. We are waiting for that to be taken out on the upside to confirm the bullish reversal. But yes, if not going long, but at least short should be covered at this point of time because the Nifty has reached the strong support and we cannot rule out the possibility of the bounce-back from this the largecap IT underperformance in July itself, the Nifty IT index is down by 10% because of the performance of TCS, HCL Tech and Infosys. For the last four consecutive weeks, the IT index has been falling from the high of 39,500. The Nifty IT index has come down to 35,100. So yes, going by history, July has been the best month for the IT index. But this is a reverse case in 10 years where we have seen a significant underperformance by the IT now, after falling for the last five consecutive weeks from healthy corrections, it has reached an oversold territory. The risk-reward ratio is not favourable for going short here. We are waiting for some stability to come. If consolidation is there or if price stops falling from here, then we have a hope of a bounce back in the index because a healthy fall of 10% in July is quite significant and whatever negatives were to come from the results, has already been discounted in the prices. Till now, the trend has been negative. It is still negative, but we are waiting and we are expecting that anytime soon a bounce would come. Whether it will sustain or not, we will decide later on, but the trend is weak but at this point of time, going short risk-reward is not of the result on Tuesday, the stock has recovered from the lower level and if I were to purely go by the technical charts, this pattern is known as a flag pattern breakout. If the stock closes here, then it will confirm the pattern. After some running correction, the stock has resumed the uptrend and is now up by 1.5% and the stock has also surpassed the 50 days' exponential moving average resistance last setup is quite good, recovering from the lower levels and gradually getting strength. Tuesday's low of 478 becomes the strong support for the counter and should be kept as a trading stop loss in the counter. Looking at the chart, it looks like that it should extend the rise from here and in trading, one should have a stop loss of we are bullish on the chemical and agrochemical space and as the results have been coming out very positive, the resilience in these agrochem and chemical stocks has been very good. Rallis India is one of the stocks which we like, results were quite convincing, and the technical setup is quite convincing. Rallis India can be bought at around 378, 379. 370 should be the trailing stop loss and 395 should be the near-term second pick would be from the metal space. On Tuesday, metal resumed an uptrend and is likely to do well in the coming session also. JSW Steel is looking good on the chart. So, 1045 around level one can go long. I would suggest a trailing stop loss at 1030. On the upside, I am expecting a target at 1070.
New Indian Express
2 days ago
- Business
- New Indian Express
Dalal Street disaster: Rs 12 lakh crore wiped out in three days as bears take over
Equity market investors lost nearly Rs 12 lakh crore over the past three trading sessions as Dalal Street succumbed to intense bearish pressure. Weak Q1FY26 earnings and delays in the India-US trade deal have dampened investor sentiment, triggering a sharp sell-off. The benchmark BSE Sensex plunged 1,836 points (2.2%), while the NSE Nifty50 dropped 2.1% during this period. The sentiments have further been weighed down by TCS's announcement of 12,000 job cuts and a relentless selling by foreign institutional investors (FIIs). Data for this month, up to 25th July, shows a net FII sell figure of Rs 20,262 crores. On Monday, they offloaded (net sales) shares worth Rs 5,876.76 crore. 'Markets are currently grappling with headwinds on both domestic and global fronts. On the domestic side, earnings disappointments and persistent foreign fund outflows are dampening sentiment,' said Ajit Mishra – SVP, Research, Religare Broking. Mishra added that in the banking space, earlier resilience had helped limit the decline but renewed pressure across the sector—except for heavyweights ICICI Bank and HDFC Bank—is adding to participants' concerns. Banking stocks came under severe pressure on Monday after Kotak Mahindra Bank plunged over 7% to close at Rs 1,966 following weak Q1 results. Other lenders, including IndusInd Bank, PNB, SBI, and Bank of Baroda, declined 1–3%. Mishra added that globally, uncertainty surrounding trade deals, despite strength in the US markets, is contributing to the cautious approach. Vinod Nair, Head of Research, Geojit Investments, said that in contrast to domestic market performance, global markets remain broadly positive, supported by US-EU trade developments that are perceived as less concerning than anticipated.
Time of India
2 days ago
- Business
- Time of India
Stock market at near two-month lows: Why are FIIs selling Indian stocks? Explained
The stock market downturn is being attributed to the persistent FII selloff. (AI image) Indian stock markets are at near two month lows - Nifty50 and BSE Sensex have dropped over 2% in the last few trading sessions. Foreign Institutional Investors (FIIs) are on a selling spree! On Monday, Nifty50 and BSE Sensex declined for the third consecutive day. Equity benchmark indices have been dropping for four straight weeks. The stock market downturn is being attributed to the persistent FII selloff and the rising uncertainty of whether India will be able to seal a trade deal with the US before Donald Trump's August 1 deadline. Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, 'FII selling of Rs 13552 crores in the cash market last week has added to the weakness in the market. Yet another concern is the Q1 results, which are not yet indicating any major positive surprises.' Why are FIIs Selling Indian Stocks ? Over the past four months, FIIs remained net buyers in the Indian cash market, investing a total of ₹24,011 crore — averaging over ₹6,000 crore per month. However, this trend has sharply reversed in July, with FIIs pulling out ₹28,528 crore so far till Friday, signaling a significant shift in sentiment. This selling has been far more aggressive than the pockets of mild buying seen on select days, says Sudeep Shah, Head - Technical and Derivatives Research, SBI Securities. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cote D'ivoire: Unsold Sofas at Bargain Prices (Prices May Surprise You) Sofas | Search Ads Search Now Undo 'Alongside, the FII long-short ratio in index futures has dropped steeply from 36.4 on June 30 to just 14.83 by July 24, driven by a sharp rise in short positions — net contracts worsening from -38,123 to -1.45 lakh,' Sudeep Shah tells TOI. He is of the view that multiple factors seem to be at play. 'The US dollar has strengthened by 0.88% since the start of July, making Indian assets relatively less attractive. Additionally, expectations of a Fed rate cut, lack of any major trade deal announcement involving India, and the impact of the Jane Street ban have also weighed on FII sentiment,' Sudeep Shah says. 'This combination of heavy outflows, rising shorts, and low confidence has contributed to a 3.24% decline in the Nifty from its July highs, reflecting the nervousness in the broader market,' he adds. According to Shweta Rajani, Head - Mutual Funds, Anand Rathi Wealth Limited, FII activity picked up in July 2025, driven by a mix of global macro developments, short-term policy uncertainty, and cautious positioning. 'One of the main reasons behind this cautiousness is the delay in finalising the India–US trade agreement. Conversations around tariffs and digital trade rules have added some ambiguity, prompting foreign investors to hold back a bit and watch how things unfold. On top of that, Q1 FY26 earnings have been slightly slow in some FII-heavy sectors like IT and financials,' Rajani told TOI. She attributes the FII positions to global factors and headwinds as well. 'The US 10-year Treasury yield has been climbing and the dollar is gaining strength, leading some global investors to rebalance their portfolios with more exposure to the US. In the derivatives segment, we're also seeing over 80% short positions by FIIs in index futures, which looks more like a tactical response to the current uncertainty than a directional call. Whenever FII positioning has reached around 80% on either the long or short side, markets have often seen a reversal in direction,' she said. Indian Stock Markets Resilient Shweta Rajani is confident that India's macro fundamentals continue to offer support. 'GDP growth remains strong at 6.5% for FY25 and is projected at 6.6% for FY26, maintaining India's status as the fastest-growing major economy. Inflation is well under control, with CPI at 2.1% in June and expected to stay below the RBI's 3.7% target,' she explains. 'Fiscal strength is also evident, the FY25 deficit narrowed to 4.8% of GDP, aided by disciplined spending and a record ₹2.7 lakh crore RBI dividend. Tax collections have been robust, growing 13.7% in FY25, reflecting strong economic activity. Also, DII inflows of ₹37,687 crore this month, have helped cushion the impact of foreign outflows and provided a layer of stability,' she adds. 'Overall, these phases are a normal part of market cycles. With strong domestic fundamentals and active DII support, Indian markets remain in a neutral zone where FII selling alone is unlikely to cause a sharp correction. Investors should stay focused on long-term goals and avoid reacting to short-term fluctuations,' she concludes. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
