FII exodus hits record Rs 1.6 lakh crore in FY26 despite strong DII cushion
Foreign investors pulled out over ₹1.6 lakh crore from Indian stocks in FY26. This was the highest ever withdrawal. Domestic funds stepped in with a record ₹8.5 lakh crore. This inflow provided strong support against the foreign investor exits. Indian markets faced challenges from global events and currency depreciation.
Rupee tops Asia’s worst performers list with 9.9% slide in FY26
The Indian rupee ended FY26 as Asia’s weakest currency against the US dollar. It depreciated by 9.88% due to significant foreign investor withdrawals and strong global dollar demand. The Reserve Bank of India intervened to stabilize the rupee. The Japanese yen also saw a decline. The Malaysian ringgit emerged as the top performer.
Rupee seen sliding to 100 per dollar as oil prices surge
India’s rupee faces potential record lows against the dollar, possibly exceeding 100, if the Iran war escalates. Analysts warn that elevated oil prices will worsen inflation and the current-account deficit, while central bank measures may only offer temporary respite. Market pricing suggests further losses are likely.
RBI caps loans for purchase of shares, securities at Rs 1 crore
The Reserve Bank of India has capped loans for share purchases at ₹1 crore per borrower across the banking system, with IPO and ESOP funding limited to ₹25 lakh. These measures aim to curb speculative borrowing and reduce credit risk for banks.
Risk off! Banks opting to lend to prime customers
Banks are now favouring borrowers with top credit scores. This shift reflects caution in lending. New customers are also getting fewer loans. Despite this, the overall credit market is improving. Asset quality is better. Gold loans are seeing a surge in volume and value. They now lead retail lending.
Corp insurance premiums fall up to 80% this season
Corporate insurance premiums are falling sharply this renewal season. Property and commercial lines are witnessing steep declines. Intense competition and increased underwriting capacity are driving these price drops. Experts warn this trend could impact industry profitability. Buyers are benefiting from lower costs across various insurance segments. This market softness is unprecedented, affecting all business lines.
Two companies file IPO papers with Sebi
Two Gujarat-based companies have submitted draft IPO papers to Sebi. Surat’s Cosmic PV Power plans to raise ₹640 crore through a fresh issue and OFS. Vadodara’s Gujarat Victory Forgings has also filed for an IPO, comprising a fresh issue and an offer for sale.
Home bulls just waiting for the bullets to stop flying
Indian equity indices concluded FY26 with their worst fiscal performance since FY20, with the Nifty and Sensex registering losses. The outlook for FY27 is heavily dependent on the West Asia conflict’s impact on crude oil prices and the rupee, with analysts suggesting a ceasefire could trigger a recovery.
Sebi bars Elitecon and promoter for alleged price manipulation
Sebi has barred Elitecon International and promoter Vipin Sharma from the securities market for alleged stock price manipulation. The regulator ordered the return of ₹51 crore in illegal gains, citing a ‘pump-and-dump’ scheme and misleading disclosures, including a significant expansion of share capital and failure to report GST demands.