Latest news with #FPI
Time of India
a day ago
- Business
- Time of India
July 22–25: Critical time windows could trigger Nifty reversals, says Harshubh Shah
Indian equity markets closed lower for the third straight week, with the Nifty50 slipping 0.7% to end below the 25,000 mark for the week ending July 18, 2025. A sharp uptick in foreign institutional investor (FPI) selling has amplified the weakness. According to NSDL data, FPIs have offloaded Indian equities worth Rs 10,775 crore so far in July. Explore courses from Top Institutes in Select a Course Category MCA MBA Data Science Digital Marketing Cybersecurity Artificial Intelligence Operations Management Design Thinking Degree Finance CXO Public Policy Product Management Data Science Others others Leadership Healthcare Technology Management Project Management healthcare Data Analytics PGDM Skills you'll gain: Programming Proficiency Data Handling & Analysis Cybersecurity Awareness & Skills Artificial Intelligence & Machine Learning Duration: 24 Months Vellore Institute of Technology VIT Master of Computer Applications Starts on Aug 14, 2024 Get Details by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Elegant New Scooters For Seniors In 2024: The Prices May Surprise You Mobility Scooter | Search Ads Learn More Undo Yet, beneath the surface of price action, a subtler force is at work: time. July 15–19: Time Levels Guide Market Moves In our previous analysis, we highlighted July 15 as a pivotal date—and the market respected this projection. On Friday, July 19, once the low of July 15 was breached, the Nifty witnessed aggressive selling. Even the high made on July 15 proved significant: a failed breakout attempt near that level on July 16 triggered fresh declines. Live Events Critical support zones worked well last week: 24,978 acted as a crucial support level before Friday's pause. The 25,085 mark (July 15's low) also played a vital role, as its breach led to a steep sell-off. Once again, the market demonstrated that both price levels and time zones matter in short-term trading decisions. Precision in Time-Based Analysis : Intraday Accuracy Unmatched Throughout the week, time analysis proved its merit with remarkable precision. Specific intraday time slots consistently aligned with swing highs, lows, and key reversals: July 14: 10:20 AM – Swing high, followed by a downtrend 11:30 AM – Day's low formed near this time July 15: 9:45 AM – Day's low formed 2:45 PM – Swing low marked with precision July 16–18: Multiple intraday pivots around key time slots like 10:45 AM, 12:30 PM, and 2:45 PM Such consistency confirms that Time Analysis, when combined with Price Action, can provide traders with clear, actionable insights. Outlook for July 21–25: Big Moves Expected Key Support Zones: 24,978 / 24,850 / 24,676 / 24,538 / 24,450 Key Resistance Levels: 25,080 / 25,147 / 25,320 / 25,434 / 25,566 / 25,600 Intraday Time Slots to Watch: Key Dates to Track July 22–23: Expect swift intraday moves — ideal for short-term traders and scalpers. July 24–25: Watch for a potential top or bottom formation. Positional traders should stay alert. Conclusion While many traders focus solely on chart patterns, indicators, or news flow, the underlying rhythm of Time remains a powerful yet underappreciated tool. The coming week holds key signals hidden in specific time windows. Stay prepared — sharp moves could catch the unprepared off-guard. (The author is Director, Wealthview Analytics Pvt Ltd. SEBI Registration – INH000009676)
Time of India
a day ago
- Business
- Time of India
FPI inflows: Foreign investors pull out Rs 5,524 crore in July amid US-India trade jitters; 2025 outflows at Rs 83,245 crore
Foreign investors have pulled out Rs 5,524 crore from Indian equities so far in July, turning net sellers after three months of buying, amid US-India trade tensions and mixed earnings. Total outflows for 2025 have now reached Rs 83,245 crore, according to depository data. Himanshu Srivastava, Associate Director - Manager Research, Morningstar Investment Research India, told PTI that future FPI movements would depend on US-India trade discussions and corporate performance. He said that resolving trade disagreements and improved earnings could help regain investor trust, potentially encouraging FPIs to reinvest in Indian markets. Depositories data reveals that Foreign Portfolio Investors (FPIs) removed Rs 5,524 crore from equities this month (till July 18). This follows positive investments of Rs 14,590 crore in June, Rs 19,860 crore in May and Rs 4,223 crore in April. Previously, FPIs withdrew Rs 3,973 crore in March, Rs 34,574 crore in February, and Rs 78,027 crore in January. FPIs demonstrated a significant change in investment approach this month, moving away from their previous positive stance. "While elevated market valuations prompted FPIs to reassess the attractiveness of Indian equities, ongoing trade tensions, especially between the US and India, and concerns over US interest rate policies contributed to a cautious investment outlook. Additionally, mixed corporate earnings raised doubts about the sustainability of corporate profitability," Srivastava added. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Mint
a day ago
- Business
- Mint
Q1 moves: Retails investors bet big on property, cement and auto parts as 'smart money' retreats
The first quarter of FY26 kicked off with a bang as global tariff threats and geopolitical jitters sent shivers through the markets. While big institutional players turned defensive, some individual investors were busy making audacious moves, picking up stakes in select small cap and mid cap counters. A Mint analysis of 1,335 BSE-listed firms that have disclosed their shareholding details for the June quarter showed that retail shareholding rose in more than 44% (595 firms) of these companies. Of these, 38 stocks saw a simultaneous drop in foreign portfolio investors (FPIs) and mutual fund holdings. Many of these companies operate in sectors such as capital goods, infrastructure, auto components, and pharma. 'The surge in retail inflows into small and mid cap stocks in Q1 FY26 reflects momentum chasing, mobile trading access, and online investor conviction even as institutions turned cautious. FPIs and mutual funds shifted to large caps, highlighting a classic late-cycle divergence in sentiment and positioning," said Smit Dasani, research analyst at Invasset PMS. A look at five such companies – M M Forgings, Kesoram Industries, Anant Raj, Transformers & Rectifiers, and Jyoti Structures – reveals a striking divergence between institutional and retail moves in Q1FY26 on a sequential basis. Retail investors seem to be betting big on them while institutions are fearful. M M Forgings: A comeback story Retail investors returned to M M Forgings, a small cap auto components company, in a dramatic way. Retail shareholding jumped nearly 16 percentage points (pps) in the June quarter after a near exit in the previous quarter, data sourced from Capitaline showed. Individuals (holding nominal share capital up to ₹2 lakh) held a share of 13.9% as of December 2024. Meanwhile, foreign portfolio investors (FPIs) trimmed their stake by 1.25 pps to 3.4%, and mutual funds cut holdings by 0.61 pps to 7.2%. Interestingly, the company delivered a 13% return in Q1FY26, possibly leading to profit-booking by institutional investors. The company registered a 9.6% fall in net profit for FY25 and trades at a P/E ratio of 16.9, below its five-year median of 18.9. Analysts at Anand Rathi have maintained a 'buy' rating on the stock with a reduced 12-month target price of ₹480, citing steady earnings growth and 11% earnings-per-share growth over FY25-27. Kesoram Industries: Cement exit, retail entry Kesoram Industries, a BK Birla Group company, recently demerged its cement business, which was subsequently merged with UltraTech. It will now focus on its rayon and transparent paper businesses. Retail ownership in the company rose 5.5 pps sequentially to 13% in Q1FY26. Meanwhile, mutual funds completely exited the stock and FPIs reduced their stake by around 200 basis points (bps) to 2.4%. This follows a steady FPI selloff since June 2024. The stock rewarded investors with a 43.4% return in the quarter, despite a widening net loss of ₹99.3 crore and a 9% drop in revenue from continuing operations. 'The demerger of the cement business to UltraTech may have sharpened investor focus on the core segments. While institutions exited on earnings pressure, retail seems to be banking on the restructuring story playing out," said Dasani. Anant Raj: Betting on data center growth Real estate firm Anant Raj saw retail investors raise their stake by 260 bps to 13.15% in Q1FY26. Meanwhile, FPIs cut their holding by 2 pps and mutual funds pared their stake by 0.5 pps, continuing the institutional selloff since March. The stock, however, posted a negative return of 8.1% during the quarter, weighed down by rich valuations. It trades at a P/E of 47.7, slightly above its five-year medianof 44.05. Despite this, brokerage Emkay research is optimistic, maintaining a 'buy' rating with a target price of ₹800. The company recently commissioned its second data center at Panchkula and plans to ramp up total capacity to 63 MW in two years. Analysts expect data centre revenue to grow 15-fold by FY27, funded largely via internal accruals, keeping debt levels in check. Transformers & Rectifiers: Capacity expansion, retail confidence Transformers & Rectifiers India, a key supplier of high-voltage transformers, saw a 1.5 pps rise in retail holding in Q1FY26 to 15.9%. FPIs and mutual funds cut their stakes by 0.36 and 1.03 pps, respectively. The stock declined 2.8% during the quarter even as FY25 revenue grew 56% year-on-year to ₹2,016 crore and PAT jumped nearly 360% to ₹216 crore, leading to margin expansion. According to an Anand Rathi report, the company's ongoing capex—including 37,000 MVA of additional capacity–could turn it into a market leader. A ₹550-crore investment is being fully funded through a recent qualified institutional placement (QIP) and internal cash flows, with no major debt planned. The brokerage has initiated coverage with a 'buy' rating and a target of ₹670, even though the stock trades at a huge P/E of 70.1. Jyoti Structures: Quiet rise in retail interest Jyoti Structures, a small-cap heavy electrical equipment firm, saw its retail holding rise by 1.26 pps to 36.66%, marking its highest addition in three quarters. Institutional investors were net sellers; FPIs reduced their stake by 1.07 pps, while mutual funds trimmed their stake by 0.06 pps. The stock posted a modest Q1 return of 6.4% and is trading at a P/E ratio of 49.1, below its five-year median of 64.3, indicating possible room for a re-rating. 'The company has been steadily improving execution and financials after emerging from the corporate insolvency process a few years ago," said Dasani.
Economic Times
a day ago
- Business
- Economic Times
FPIs exit secondary market in July, but stay active in IPOs. What's fueling the shift?
Foreign portfolio investors (FPIs) have turned net sellers in India's secondary markets in July, offloading over Rs 10,000 crore in equities amid valuation concerns and underperformance. However, their primary market investments remain strong, indicating a shift in strategy. Despite near-term caution, FPIs continue to tap IPO and QIP opportunities, reflecting selective optimism toward Indian equities. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Foreign portfolio investors (FPIs) have turned net sellers in Indian equities this July, but their activity in the primary market remains strong — highlighting a strategic shift amid concerns over valuations and the relative underperformance of Indian to data from NSDL, FPIs sold equities worth Rs 10,775 crore through the secondary market between July 1 and July 18, 2025. However, during the same period, they invested Rs 5,251 crore in the primary market, mainly via initial public offerings ( IPOs ) and qualified institutional placements (QIPs).Dr. V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services , said this trend reflects a valuation-sensitive approach by foreign investors.'The important takeaway from this dualistic behaviour of FPIs is that whenever valuations get stretched in the secondary market, they sell — but consistently buy in the primary market (QIP), where valuations are fair,' Vijayakumar said.'So long as valuations remain elevated, this trend will continue,' he added. 'India's underperformance relative to other emerging markets and the MSCI EM Index may also have contributed to FPI selling through the exchanges.'Vijayakumar pointed out that for the calendar year 2025 up to July 19, FPIs have sold equities worth Rs 1.10 lakh crore in the secondary market, while investing Rs 27,239 crore in the primary market. Despite the outflows via exchanges, their continued interest in new issuances suggests that FPIs are not exiting Indian equities entirely, but are reallocating their exposure based on value and return after rallying over 15% between March and June, Indian equity markets have taken a breather in July. So far this month, the Sensex and Nifty have declined more than 2%, weighed down by weaker-than-expected earnings from key financial and IT companies, as well as global trade Friday, July 18, the Nifty50 slipped 0.57% to close at 24,968, while the BSE Sensex fell 0.61% to settle at 81,757. The indices also logged their third consecutive weekly loss, with the Nifty50 down 0.7% and the Sensex losing 0.9% for the banks led the sectoral declines, falling nearly 2% for the week, followed by losses in financials and IT, which were down 1.1% and 1.5%, respectively. Axis Bank shares tumbled 5.2% on Friday and 6.3% for the week after posting a surprise drop in quarterly profit. HCLTech, India's third-largest IT services firm, also fell 5.5% for the week after it cut its full-year operating margin focus now shifts to the upcoming earnings season and potential developments in India-US trade talks ahead of the August 1 deadline. Earlier this week, US President Donald Trump said a deal with India is 'close,' which could lend some support to market now, FPI data underscores a cautious yet opportunistic approach. While the secondary market may remain under pressure due to elevated valuations and global headwinds, sustained activity in IPOs and primary issuances could continue—particularly if pricing remains attractive.
Mint
a day ago
- Business
- Mint
FPIs pull out ₹5,524 cr in July on US-India trade jitters, mixed corporate earnings
New Delhi, Jul 20 (PTI) After three months of fund infusion, foreign investors turned net sellers with withdrawal of ₹ 5,524 crore so far in July, due to ongoing trade tensions between the US and India and mixed corporate results. With this, the total outflow has reached ₹ 83,245 crore so far in 2025, data with the depositories showed. Looking ahead, the trajectory of FPI flows will hinge on developments in the US-India trade negotiations and corporate earnings, Himanshu Srivastava, Associate Director - Manager Research, Morningstar Investment Research India, said. A resolution of the trade disputes and earnings recovery could potentially restore investor confidence and attract FPIs back to Indian markets, he added. Going by the depositories data, Foreign Portfolio Investors (FPIs) withdrew a net sum of ₹ 5,524 crore from equities this month (till July 18). This came following a net investment of ₹ 14,590 crore in June, ₹ 19,860 crore in May and ₹ 4,223 crore in April. Prior to this, FPIs had pulled out ₹ 3,973 crore in March, ₹ 34,574 crore in February, and a substantial ₹ 78,027 crore in January. FPIs exhibited a notable shift in sentiment this month, reversing their previous bullish stance. This behaviour can be attributed to a combination of factors. "While elevated market valuations prompted FPIs to reassess the attractiveness of Indian equities, ongoing trade tensions, especially between the US and India, and concerns over US interest rate policies contributed to a cautious investment outlook. Additionally, mixed corporate earnings raised doubts about the sustainability of corporate profitability," Srivastava said. Vaqarjaved Khan, Senior Fundamental Analyst, Angel One, also said that global markets and macro developments along with the result season in India led to the outflow.
