Latest news with #IndianEquities
Bloomberg
15 hours ago
- Business
- Bloomberg
Indian Stocks Bullish Momentum Takes a Pause
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Chiranjivi Chakraborty, an equities reporter in Mumbai. Nifty futures point to a firm start for Indian equities this morning after three straight days of losses. Buoyant Asian stocks are likely to support gains in local shares. Meanwhile, more block deals are expected today, with founders and strategic investors in companies including Tata Technologies, Aditya Birla Fashion and Alkem Laboratories continuing to cash in on rich valuations.
Bloomberg
2 days ago
- Business
- Bloomberg
India's Nifty in a Rut as Valuations Stall Recovery
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Savio Shetty, an equities reporter in Mumbai. Indian equities look set for a muted start this morning, tracking a narrow range in Asian markets amid uncertainty surrounding US-China trade negotiations and concerns over stretched local valuations following the recent rally. Adani group stocks may be in focus after the Wall Street Journal reported that US prosecutors are probing billionaire Gautam Adani's conglomerate for importing liquefied petroleum gas from Iran through the Mundra port in India, a report Adani flagship has denied.
Times of Oman
4 days ago
- Business
- Times of Oman
India grants Saudi PIF more flexibility in equity markets
New Delhi — India has agreed to exempt the Saudi sovereign wealth fund from key foreign portfolio investment (FPI) restrictions, according to two sources familiar with the development. The decision aims to facilitate greater capital flows into India by allowing Saudi Arabia's Public Investment Fund (PIF) and its affiliated entities to invest more flexibly in Indian equities. Current Indian regulations cap total investment from sovereign-related entities at 10% in a single company—regardless of whether investments come from separate arms of the same fund. 'This restriction has previously limited the PIF's ability to channel capital into India's high-growth sectors,' said one of the sources, who requested anonymity due to the sensitivity of the matter. The exemption, which comes after Indian Prime Minister Narendra Modi's high-profile visit to the Gulf nation in April, is seen as a strategic step to unlock Saudi capital. The two nations have been working to strengthen cooperation in critical sectors such as energy, infrastructure, and pharmaceuticals. During the visit, both sides reaffirmed their commitment to finalizing a bilateral investment treaty (BIT) and enhancing cross-border economic engagement. Saudi Arabia's PIF—one of the world's largest sovereign wealth funds with assets estimated at $925 billion—currently holds $1.5 billion in India's Jio Platforms and $1.3 billion in Reliance Retail. Analysts believe the exemption will pave the way for broader and deeper investments across India's fast-growing sectors. India, the third-largest oil importer globally, has been actively courting long-term capital from Gulf states to fund its infrastructure push. Simultaneously, Saudi Arabia has been seeking strategic investment opportunities in emerging markets as part of its ambitious Vision 2030 diversification strategy. To this end, the two countries formed a high-level task force in 2024 to accelerate Riyadh's plan to invest $100 billion in India. Progress on key issues such as taxation has been lauded by both governments as a breakthrough. 'The progress made by this Task Force in areas such as taxation was also a major breakthrough for greater cooperation in the future,' a joint statement issued in April said. Recent media reports suggest India is also considering tax relief measures for the PIF to further incentivize investment in infrastructure and energy projects.
Times of Oman
18-05-2025
- Business
- Times of Oman
Foreign investors infuse Rs 4,452 cr in Indian equities this week, net investment in May at Rs 18,620 cr: NSDL
New Delhi: Foreign Portfolio Investors (FPIs) made strong investments in the Indian equity markets this week, bringing in Rs 4,452.3 crore between May 13 and May 16, according to data from the National Securities Depository Limited (NSDL). The highest inflows during the week were recorded on Friday, when FPIs invested a net amount of Rs 5,746 crore in Indian equities. However, the trend was not consistent throughout the week. On Tuesday, the markets saw a net outflow of Rs -2,388 crore, indicating some level of uncertainty or profit booking by foreign investors. With this week's inflows, the total FPI investment into Indian equities so far in the month of May has reached Rs 18,620 crore. The strong inflows suggest improved investor confidence, possibly driven by easing global concerns, stable domestic growth prospects, or expectations around election results. Despite the positive trend in May, FPIs continue to be net sellers in 2025. Since the beginning of the year, the total net FPI outflow stands at Rs -93,731 crore. This is mainly due to heavy selling during the first three months of the year, January, February, and March, when global uncertainties and rising U.S. bond yields impacted investor sentiment. Net investments by FPIs in Indian equities stood at Rs 4,223 crore during April, indicated a turnaround in foreign investment trends. In previous months NSDL data showed that FPIs had sold stocks worth Rs 3,973 crore in March. In January and February, they had sold equities worth Rs 78,027 crore and Rs 34,574 crore, respectively. The turnaround in April comes after months of net outflows and reflects renewed investor confidence in the Indian economy. In the last week, the benchmark indices witnessed a promising uptrend rally. The Nifty ends 4.2 percent higher, while the Sensex was up by 2875 points.
Times of Oman
13-05-2025
- Business
- Times of Oman
Indian markets open in negative, experts say will remain volatile
Mumbai: Indian equities opened on a tepid note on Tuesday, following a strong rally witnessed in the previous session. The early weakness was attributed to profit booking as the markets attempted to stabilize recent gains. However, the indices soon pared losses and turned positive, reflecting underlying investor confidence. The benchmark indices started marginally lower, with the Nifty 50 opening at 24,864.05, down by 60.65 points or 0.24 per cent, while the BSE Sensex slipped by 180.30 points or 0.22 per cent to begin the day at 82,249.60. According to market experts, Monday's strong rally was driven by high net-worth individuals (HNIs), while participation from foreign portfolio investors (FPIs) and domestic institutional investors (DIIs) remained subdued. If institutional buying picks up alongside HNI interest, markets could see a broader turnaround. Ajay Bagga Banking and Market Expert told ANI "Indian markets surged, though the FPI and DII numbers were muted, which means that non institutional buying was the major prop for the Indian markets. This morning futures are tepid but if the buying is coming from domestic retail and domestic HNI prop desks, then it should continue". In sectoral performance, Nifty Pharma led the gains with a rise of 1.2 per cent, while Nifty PSU Bank also traded in the green. On the other hand, most other sectoral indices were in the red, with Nifty IT declining by more than 1 per cent. On the global front, markets were surprised by a trade deal between China and the United States that resets their economic relationship. Once again, U.S. President Donald Trump's approach of "shock, awe, negotiate and deal" was seen in action. While there had been intense speculation and strong rhetoric since January 20, the final outcome appeared to be more subdued, changing little in terms of strategic direction but opening the door for fresh negotiations. Akshay Chinchalkar, Head of Research, Axis Securities said "The nifty jumped 3.8 per cent yesterday, In doing so, the benchmark also confirmed a so-called bullish flip above the 200-day moving average, a signal which has proven to produce short-term positive returns. Support now sits between 24650 and 24700, while 25000 is key psychological resistance. Time-wise, 15th May +/- one trading day is an important marker.
