Indian equity markets soared to a nine-month peak, propelled by banking stocks and improved investor confidence due to easing geopolitical tensions in West Asia. The NSE Nifty closed at 25,549, while the BSE Sensex reached 83,755.87, marking significant gains. Experts advise investors to focus on reasonably valued large-cap stocks in sectors like banking and cement.
FPI outflows at Rs 1 lakh crore in 2025 so far; Rs 555 crore pulled out in July alone
Foreign Portfolio Investors have exhibited a selling trend in Indian equities, with outflows of Rs 555 crore in July, marking a reversal after three months