While sectors like IT, BFSI, and Real Estate remain attractive, Oil & Gas, Automobiles, Telecom, and FMCG face headwinds that have resulted in substantial outflows
Pre-market update: RBI policy decision likely to set the equity market trend on Friday; Strong FIIs buying a positive; Ganesh Infraworld likely to witness a bumper listing on the NSE SME platform.
Various factors like renewed buying by foreign investors, global cues and improving sentiment among other reasons were seen driving the markets today
With limited domestic triggers, investors are expected to focus on stock-specific actions and developments in the primary markets
Stock Market Close Highlights: The NSE Nifty 50 index slipped below 24,200; Small-cap stocks outperformed the broader market, with the Nifty Smallcap100 closing 0.8 per cent higher on Tuesday.
The exodus of foreign investments from Indian equity markets continued unabated, with FPIs pulling out nearly Rs 20,000 crore in the last five trading sessions on higher valuations of domestic stocks and shifting their allocation to China. As a result, foreign portfolio investors (FPIs) have turned net sellers in the equity market, with total outflows reaching Rs 13,401 crore for 2024 so far. Going ahead, the FPI selling trend is likely to continue in the near term till data indicate the possibility of a trend reversal. If the Q3 results and leading indicators reflect a recovery in earnings, the scenario can change with FPIs reducing selling and even turning buyers. Investors will have to wait and watch for the data, VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said. With the newly elected US president not assuming office until January 2025, the Indian market's near-term direction will be more influenced by domestic factors like the Maharashtra assembly ..
A host of macroeconomic data announcements, the last batch of September quarter earnings, global trends, and trading activity of foreign investors will be the major driving factors for the equity market this week, according to analysts. Equity markets would remain closed on Friday for Guru Nanak Jayanti. "India is set to release CPI and IIP data on November 12, with WPI data expected on November 14. Globally, the US inflation report on November 13 will be critical, as it may influence the Federal Reserve's upcoming policy stance," Santosh Meena, Head of Research, Swastika Investmart Ltd, said. With major global events and Q2 earnings (of blue-chip companies) behind, the market focus will shift to key macroeconomic data and the last round of results, Meena said. Bank of India, BEML, Hindalco Industries, ONGC, Apollo Tyres, and Brainbees Solutions -- the parent firm of online e-commerce platform FirstCry -- among others will announce their quarterly earnings this week. "The performa
Wall Street closed at record levels on Thursday, after the US Fed cut interest rate by 25 bps. Announcements regarding more stimulus measure from China, quarterly results, and macroeconomic data to be
After cheering Trump's victory, focus will now shift to US Fed's policy decision. Meanwhile, September quarter results and macroeconomic data will also be eyed
While the US presidential elections will be closely monitored, September quarter results, BOJ's meeting minutes, and other macroeconomic data will also be on radar
While the market closely eyes the US presidential elections, corporate earnings and macroeconomic data will also be on radar
Investors will closely watch the developments in the US with respect to elections and interest rate cuts this week
Along with September quarter results across countries, investors will react to key macroeconomic data, including advance US GDP estimates, India's core sector growth, and China's manufacturing PMI
While GDP growth may have moderated in Q2FY25, inflation might not weigh so heavily on markets in Samvat 2081 say analysts. Here are some key insights on what may drive markets going forward
Corporate earnings in the US and India, apart from US GDP and job openings data, along with India's September month manufacturing numbers will be on investors' radar today
As we enter Samvat 2081, here are 5 risks to know to before investing in Indian stock markets
DIIs in Samvat 2080: There has been a structural change (since Covid) as to how retail investors approach the stock markets
F&O cues for Oct 28: Both FIIs and Proprietary traders hold near about 2 bearish bets in index futures for every bullish trade. In contrast, retail investors hold the opposite position.
Derivatives market update Oct 14: The Nifty weekly options data shows a tug-of-war between the bulls and the bears at the 25,000 Strike Price. FIIs continue to hold notable shorts in Bank Nifty.
Derivatives market update Oct 11: Last time around, in June, the Nifty rallied sharply after FIIs turned this bearish and the long-short ratio dipped to near 0.5. Will history repeat?