Latest news with #FIIs
&w=3840&q=100)
Business Standard
7 hours ago
- Business
- Business Standard
Stocks to watch today, June 2: Vi, Nykaa, IndiGo, Adani Energy, AstraZeneca
Stocks to Watch Today, Monday, June 2, 2025: Indian equity markets are poised for a muted start following three straight months of gains, even as US President Donald Trump's tariff news continues to make headlines. GIFT Nifty hinted at a muted start for domestic stocks. The early indicator of the Nifty 50 Index's performance in India was down 17 points or 0.07 per cent at 24,853 as of 7:20 AM. Most equity markets in Asia declined after Trump announced that he would increase tariffs on steel and aluminium to 50 per cent from 25 per cent. Last checked, Japan's Nikkei was lower by 1.4 per cent while China's CSI 30 was down 0.5 per cent. The stock market continues to experience volatility as China has now accused the US of violating its recent trade deal and stated that it will take measures to defend its interests. Meanwhile, Wall Street ended slightly lower on Friday amid renewed tariff tensions. The S&P 500 index fell by 0.01 per cent while the Dow Jones Industrial Average was up 0.13 per cent. Back home, on Friday, the BSE Sensex settled 182.01 points or 0.22 per cent lower at 81,451.01, while the Nifty50 fell 82.9 points or 0.33 per cent to end at 24,750.7. FIIs sold shares worth ₹6,449.7 crore, while DIIs net bought equities worth ₹9,095.9 crore. Meanwhile, below are some stocks to watch during today's session: Q4 earnings corner: Vodafone Idea: The telecom operator reported a net loss of ₹7,166 crore, narrowing 6.62 per cent in the fourth quarter (January–March) of FY25 from ₹7,674 crore in the corresponding quarter of the previous financial year, aided by lower expenses. On a sequential basis, however, the net loss widened by 8.42 per cent from ₹6,609 crore in the preceding quarter. FSN E-Commerce Ventures: The parent company of beauty retailer Nykaa reported a 193 per cent rise in consolidated net profit at ₹20.28 crore for Q4FY25, compared to ₹6.93 crore in the year-ago period. Revenue from operations rose 23.6 per cent year-on-year (Y-o-Y) to ₹2,062 crore in Q4FY25, from ₹1,668 crore in Q4FY24. Brightcom Group: The digital marketing and technology solutions provider said its consolidated profit jumped over threefold to ₹120.68 crore in the March quarter, compared to the year-ago period, mainly driven by higher revenues. Brightcom Group's operating income stood at ₹987.48 crore in Q4FY25, up from ₹704.60 crore. Apollo Hospitals: The company reported a consolidated net profit of ₹389.6 crore for the quarter ended Q4 FY25, marking a growth of nearly 54 per cent from ₹253.8 crore in the year-ago period. Sequentially, the company's profit remained largely flat, recording a 4.65 per cent increase. Coffee Day Enterprises: The company reported a consolidated net loss of ₹114.16 crore for the quarter ended Q4 FY25, against a ₹296.40 crore loss in the year-ago period. Sequentially, the company reported a loss of ₹296.40 crore in the December quarter. AstraZeneca Pharma: The pharma major reported a 48 per cent rise in consolidated net profit for the fourth quarter ended 31 March to ₹58.25 crore. Total revenue from operations stood at ₹480.48 crore, up 25.3 per cent year-on-year. Puravankara: The Bengaluru-headquartered real estate major saw its consolidated losses widen to ₹88 crore in the fourth quarter ended March 2025, from a loss of ₹6.71 crore in the same quarter last financial year. Revenue from operations for the quarter declined 40.4 per cent to ₹563.7 crore. Other stocks in news: Metal stocks: Indian steel and aluminum stocks will be in focus after President Donald Trump said he would be increasing tariffs to 50 per cent from 25 per cent. The new rates would become effective Wednesday, June 4. IndiGo: India's largest airline announced placing an order for another 30 wide-body A350 planes with Airbus, taking the total number of such aircraft to 60. In April last year, the airline placed a firm order for 30 A350 aircraft, and there was an option to order 70 more such planes. Adani Energy Solutions: Billionaire Gautam Adani-controlled firm approved raising ₹4,300 crore via a stake sale. The company has secured a ₹1,660 crore inter-state transmission project in Maharashtra, strengthening its presence in the sector. Infosys: The information technology major's business process management arm, Infosys BPM, launched AI agents for invoice processing in its Accounts Payable on Cloud solution, powered by Infosys Topaz, transforming traditional human-driven processes. Cipla: The pharma major announced that the United States Food and Drugs Administration (USFDA) conducted a cGMP inspection at its Bommasandra facility from 26–30 May 2025, issuing one Form 483 observation, which is said to be promptly addressed. Indian Oil Corp: The company has finalised the Levelized Cost of Hydrogen for a 10,000 TPA green hydrogen unit at Panipat Refinery, marking India's largest such project. Commissioning is set for December 2027, supporting India's Net Zero goals.
Hans India
10 hours ago
- Business
- Hans India
RBI's policy meet to set tone for volatile mkts
Influenced by persistent global trade tensions, anticipation around keydomestic policy announcements, mild uncertainty over FII inflows andrenewed Trump tariff tantrums; markets continued consolidating in a definedrange for second successive week. Benchmark indices the Sensex and theNifty experienced sharp swings before ending in the red at 81,451.01 and24,750.70 during the week ended. Despite intermittent selling in last fewsessions, Foreign Institutional Investors (FIIs) turned net buyers in Indianequities for the second consecutive month, showing a net inflow of Rs18,082 crore. Cash volumes in May surged to an eight-month high, drivenby a broad-based recovery in equity markets. The average daily tradingvolumes for the cash segment, combining the National Stock Exchange(NSE) and BSE, increased11percent from the previous month. In the pastthree months, markets witnessed broad based gains. Midcaps andsmallcaps, which had been beaten down, presented opportunities in under-valued stocks. Moreover, FIIs have been net buyers in the past two months,and this bullish sentiment has influenced retail investors. However,observers caution against interpreting this as a sign of a sustained return ofthe retail investor or a resurgence in long-term investing based on cashvolumes alone. Corporate results have yet to show significant improvementalthough they were not as bad as initially anticipated for the the outcome of the monsoon remains to be seen. Boosted bystronger performance in the manufacturing and construction sectors, theIndian economy grew by 7.4 per cent in the January March quarter (Q4) offiscal year 2024-25, up from 6.4 per cent in the previous quarter(October–December), according to a government report released last Q4 growth was the highest in four quarters, the full FY25's 6.5 percent was a four-year low, down sharply from the 9.2 per cent growthrecorded in FY24. Looking ahead, all eyes will be on the outcome of theRBI's Monetary Policy Committee (MPC) meeting scheduled for June 6. Thecentral bank's stance on the rate trajectory, especially amid mixedmacroeconomic signals, will be critical in shaping market direction. FUTURES & OPTIONS / SECTOR WATCH Settlement week in the derivatives segment mirrored the consolidation in theunderlying cash market. The Nifty rollover rate was flat at 79.10 per cent, almostsame compared to last month's 79.08 per cent but marginally below the three-month average of 79.58 per cent, suggesting similar momentum for the Juneseries. The Bank Nifty rollover stands at 79.29 per cent, higher than last month's75.05 per cent and above the three-month average of 77.89 per cent, indicating strongermomentum than the Nifty. Looking at Options data, the highest Call openinterest was observed at the 25,000 and 24,800 strikes, while Put writerswere active at the 24,800 and 24,500 strikes. Implied volatility (IV) for Nifty'sCall options settled at 14.79 per cent, while Put options concluded at 15.27 per cent. TheIndia VIX, a key indicator of market volatility, concluded the week at 16.42 per Put-Call Ratio Open Interest (PCR OI) stood at 1.00 for the week. Niftyrollovers suggest that positions were carried forward at current levels, withmost occurring in the 24,800–24,750 futures range. In Bank Nifty, the55,400–55,450 futures range is a key level where rollovers have takenplace. For the upcoming sessions, Nifty has support at 24,500 whereasresistance is placed at 25000-25200 zone. The Nifty appears to continuebeing in a well-defined trading range between 25100 and 24500 levels. Thisalso implies that a directional trend would emerge only if the Nifty takes out25100 convincingly or ends up violating the 24500 level. Unless either ofthese two things happens, the markets will remain devoid of directional biasand will continue staying in this defined range. Traders are advised tomonitor these levels closely and track open interest developments, as theycould further influence market direction. Stocks looking good are CDSL, Grasim, JSW Steel, Paytm, Pidilite, SBI and Tata Steel. Stocks looking weak are Alkem, Bajaj Auto, Cyient, Hindalco, JSW Energy, Havells and Tata Communications. Welspun Corp Limited Welspun Corp Limited is engaged in the line pipes and home solutions,along with other lines of businesses in infrastructure, pipe solutions, buildingmaterials, warehousing, retail, advanced textiles and flooring solutions. Thecompany is engaged in the manufacturing of large diameter pipes globallyand has established a global footprint across six continents and fiftycountries by delivering key customized solutions for both onshore andoffshore applications. It offers end-to-end products, comprehensive pipesolutions and ancillary services. It also manufactures Bureau of IndianStandards (BIS) -certified steel billets, thermo-mechanically treated (TMT)rebars, ductile iron (DI) pipes, stainless steel pipes, and tubes & bars. Thecompany has manufacturing facilities in Anjar (Gujarat), Bhopal (MadhyaPradesh), Mandya (Karnataka) and Jhagadia (Gujarat) in India. Overseas,the company has a manufacturing presence in Little Rock, Arkansas, UnitedStates. The strategic acquisition of Sintex-BAPL has enabled the companyto enter building materials sector and transforming its business model fromcommodity to brand space. Buy on declines for medium term target ofRs1500.
Hans India
18 hours ago
- Business
- Hans India
Bharti Airtel, JSW Steel, Bharat Electronics among 9 Nifty50 stocks FIIs boost stakes in Q1 March 2025
Foreign Institutional Investors (FIIs) are reinforcing their faith in India's growth story by increasing their holdings in select bluechip Nifty50 companies during the March 2025 quarter. After a challenging start to the year marked by outflows, FIIs reversed course with consistent inflows in April and May, driven by global and domestic economic factors — including a weakening dollar, slowing US and China economies, strong domestic GDP growth, and easing inflation and interest rates. Why are FIIs focusing on these Nifty50 stocks? These large-cap companies offer high liquidity and stability, allowing FIIs to increase their stakes without significantly impacting share prices. Additionally, FIIs are making targeted bets on sectors with strong earnings potential and strategic government focus, such as defence and manufacturing. In the latest quarter, FIIs increased their holdings in nine prominent Nifty50 companies, supported by consistent financial performance and strong earnings: Bharti Airtel: FII stake rose by 1.1% to 25.4% Bajaj Finance: Stake up by 0.6% to 21.5% Wipro: Increased from 7.8% to 8.4% JSW Steel: Holdings rose to 25.8% Kotak Mahindra Bank: FII holding climbed to 31% Hindalco: Slight increase to 28.1% ICICI Bank: Stake marginally up to 45.8% Bharat Electronics: Defence major saw 0.3% rise to 17.6% Bajaj Finserv: FII stake increased by 0.1% to 7.5% This focused buying by FIIs signals their bullish outlook on India's market potential and strengthens investor confidence. Are these stocks part of your portfolio? If not, it might be time to review your investments in light of these strategic moves by global investors.
News18
a day ago
- Business
- News18
Indian Equity Market Nears Lifetime Highs: Fundamentals Or FOMO? Market Expert Bhole Weighs In
Last Updated: Indian equity market nears lifetime highs due to strong macro indicators, foreign inflows, and political stability. Atul Bhole of Kotak Mahindra AMC discusses market fundamentals. The Indian equity market has rebounded after a prolonged sluggish period and is now approaching lifetime highs. Factors such as strong macroeconomic indicators, consistent foreign inflows, and political stability are providing positive momentum. As a result, market sentiment remains optimistic despite high valuations and subdued earnings growth. Markets are dancing near lifetime highs. How much of this is driven by fundamentals and how much by FOMO? Bhole: India's macro fundamentals are currently in a sweet spot and among the strongest globally. Tightly controlled fiscal and current account deficits, lower inflation, a stable currency, and steady GDP growth of around 6–6.5% are attracting foreign flows in a big way. While these fundamentals have been strong for some time, their resilience became even more evident during the ongoing global trade war. From the start of the year until mid-April 2025, FIIs sold close to $15 billion worth of Indian equities. However, since mid-April, the trend has reversed, with FIIs buying around $5.5 billion—largely from the secondary market rather than through IPOs, QIPs, or direct stake sales. Domestic flows have also remained reasonable, with mutual funds raising cash levels and retail participation staying measured compared to the recent past. While corporate earnings growth remains muted and valuations are stretched, strong macro fundamentals are clearly driving robust foreign and domestic flows into Indian equity markets. Bhole: Several SMID stocks witnessed value erosion of 40–60% between June–July 2024 and March–April 2025. These stocks were driven more by momentum, false narratives, illiquidity, and FOMO than by sound fundamentals or reasonable valuations. Institutional investors, such as mutual funds, which rely on research and expert insights, were able to avoid such pitfalls and limit drawdowns. Some retail investors likely learnt valuable lessons during this episode and may now start appreciating the value that mutual funds and advisors add to long-term wealth creation. However, the market often behaves like a voting machine in the short term—it keeps attracting new investors or leads the same investors to repeat new mistakes. The recent sharp rally in defence stocks after the skirmish is another example of greed or FOMO overriding rational investing behaviour. Operation Sindoor has also worked like an international defence expo showcasing the might of Indian defence companies. This is also reflected in the dramatic movement in share prices. How strong is the defence story on Dalal Street? Bhole: India's defence equipment industry has gained strong momentum over the past 3–5 years, supported by a government-led indigenisation push and larger, expedited orders. The ecosystem is developing well, with private sector players emerging as credible component manufacturers. Defence stocks performed extremely well post-Covid until mid-2024, driven largely by policy support and effective execution. However, much of the returns were driven by valuation re-rating rather than actual earnings growth. Price-to-earnings multiples jumped from 10–20x to 50–60x. Between mid-2024 and March 2025, many of these stocks saw 40–60% drawdowns from their over-stretched levels. Post Operation Sindoor, defence stocks bounced back significantly and are once again trading at valuations that may not be justified by near-term fundamentals. While these companies could deliver sustained long-term growth, the market seems to have priced in too much, too soon. A period of cooling-off or extended consolidation in stock prices is likely. With valuations stretched in certain pockets of the market, do you think the Q4 earnings season was strong enough to justify the rally? Bhole: The Q4 earnings season has been muted yet again, with 5–10% earnings growth depending on the sector and company size (large caps vs. SMIDs). However, the market hasn't reacted negatively, as expectations were already lowered after three consecutive quarters of weak growth and cautious corporate commentary. Markets are forward-looking. While Q4 results aren't particularly strong, future earnings could improve due to tax breaks, a normal monsoon, stronger wage growth, continued capex, and a low base effect. The ongoing rally is being driven more by strong macro fundamentals and capital flows. A pause may occur until corporate earnings begin to align with expectations. As an investor today, would you back consumption, capex, or financials in FY26? Bhole: Post-Covid, all major themes and sectors have had their moments in the sun and are now trading at fair to high valuations. The triggers that powered past sectoral rallies have largely played out. As the market normalises, future returns will likely be driven by individual stock selection rather than broad sector bets. At a sub-sector level, we are constructive on areas like quick commerce, hospitals, power transmission & distribution, EMS, and large private banks and NBFCs. On a contrarian note, the IT sector—supported by stronger-than-expected US corporate health and good dividend yields—could also present interesting opportunities. Given current earnings momentum, macro tailwinds, and political stability bets, is Nifty 30,000 a realistic target by end of FY26? Bhole: At the macro level, India is in a strong position. However, this must begin to reflect in corporate profitability as well. After the recent rally, Indian markets are once again trading at 21–22x forward PE, which requires significantly higher earnings growth than the current pace. Earnings may pick up with rising disposable incomes, continued capex, and structural reforms. However, global trade dynamics and economic trends pose external risks. Major economies like China and Europe could begin attracting more capital depending on tariff negotiations and monetary/fiscal policy shifts, given their relative valuation advantage. The US fiscal situation and dollar strength will also influence capital flows and asset prices globally. Investors have been caught between two battlefronts lately—the global trade tariff war and near war-like tensions between India and Pakistan. Now that both seem to be easing, what are the key takeaways for investors from this double dose of geopolitical anxiety? Bhole: In the long run, stock prices are ultimately anchored to earnings growth. In the short run, markets often overreact to news and sentiment. Over the past five years, we've witnessed events that typically unfold over a decade—or even a century. From the Covid pandemic and wars to supply chain shocks, dramatic progress in computing and AI, and aggressive fiscal moves by the US—markets have endured and evolved through all of it. The key takeaway for investors is to adapt to new realities while staying grounded in timeless investing principles. Studying market history helps investors manage their behaviour better. Patience, systematic investing, and the ability to exploit fear and greed cycles are essential to achieving long-term investing goals. top videos View all Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions. About the Author Varun Yadav Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian More Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. tags : India Stock Market Nifty stock market Location : New Delhi, India, India First Published: June 01, 2025, 15:00 IST News business » markets Indian Equity Market Nears Lifetime Highs: Fundamentals Or FOMO? Market Expert Bhole Weighs In
Time of India
a day ago
- Business
- Time of India
Nifty50 ends May with gains despite weekly volatility; all eyes on June 2 reversal alert
The Nifty50 wrapped up a volatile week ended May 30 with a 0.4% dip yet closed the month of May on a positive note, clocking a 1.7% gain. The broader sentiment remained buoyed by continued foreign institutional investor (FII) inflows. Data indicates that in the first half of May, FIIs focused their buying in key sectors such as automobiles, auto components, telecom, and financials — reflecting a strategic tilt toward cyclical and defensively strong counters. May 19 — A Pivotal Date Confirmed by Price Action Over the past three weeks, May 19 was consistently highlighted as a technically significant date. This week's market action validated that forecast with remarkable accuracy. On May 26 and 27, Nifty's intraday highs coincided precisely with the May 19 peak. Despite multiple attempts, the index failed to sustain above that level — underlining the importance of this resistance zone. Additionally, last week's article had flagged 25,083 as a key resistance level. The high for this week? 25,079.20 — a near-exact match. This kind of precision adds credibility to both price pattern forecasting and resistance zone projections. Live Events Time-Based Analysis: Five Days of Accurate Intraday Reversals Harshubh Shah's time-window forecasts once again proved to be a powerful tool for intraday traders. Each day saw the market respond with uncanny alignment to the projected reversal points: Mon, May 26: A swing low was recorded around 12:20 PM, matching the time alert. Tue, May 27: Momentum picked up at 9:20 AM, and the day low was formed exactly at 2:30 PM. Wed, May 28: Bank Nifty bottomed at 9:25 AM, matching the projected time. Thu, May 29: Nifty and Bank Nifty reversed sharply between 11:20 AM and 12:00 PM. Fri, May 30: A precise day high was formed at 9:30 AM, validating the forecast. These repeated confirmations are a strong testament to the efficacy of time-based analysis in trading strategies. For those seeking to refine their intraday edge, these time zones offer compelling tactical opportunities. Nifty (Spot): Key Levels to Watch Upside Targets: 24,856 → 24,978 → 25,083 → 25,323 → 25,434 Downside Supports: 24,677 → 24,535 → 24,450 → 24,360 → 24,140 → 23,820 Bank Nifty (Spot): Key Levels to Watch Upside Levels: 55,960 → 56,180 → 56,650 → 57,600 Downside Levels: 55,230 → 54,750 → 54,289 → 53,910 → 51,889 Reversal Alert: Watch June 2, 2025 Starting June 2, traders should be alert for a potential reversal or trend validation in both Nifty and Bank Nifty. This date could serve as a springboard for directional trades with favorable risk-reward setups. Strategy Tip: Use June 2 as a confirmation date — whether for initiating fresh positions or managing existing trades — especially if price action aligns with support/resistance clusters or the time windows outlined above. (The author is Director, Wealthview Analytics Pvt Ltd)
