FPI inflows into Indian G-Secs dry up as US rate hike looms
Foreign investors are reducing positions in Indian debt after a key index inclusion was delayed. Inflows into Indian debt have significantly slowed down over the past two weeks. US treasury yields have become more attractive, influencing investor decisions and market sentiment. Traders are awaiting the upcoming monetary policy announcement for further policy direction. Cooling oil […]
ITC Q1 earnings hit by cigarette tax burden; FMCG, paper businesses offer support
ITC’s June 2026 earnings fell due to higher cigarette taxes and disruptions. Resilient growth in the consumer segment cushioned the overall impact. Categories like dairy and snacks showed strong year-on-year gains. The paperboards and packaging business also saw a significant recovery. Analysts have reduced earnings estimates for upcoming fiscal years.
Global Market Today: Asian shares rise after Wall Street rally driven by tech stocks
Asian shares advanced, mirroring a Wall Street rally fueled by technology stocks. The yen stabilized after intervention-driven gains, while oil prices declined amid easing Middle East tensions. Investors anticipate a busy corporate earnings week, seeking evidence of AI spending translating into growth. US manufacturing activity expanded rapidly, showing strong demand and increased production. Markets are […]
Amazon hits $3 trillion market value
Amazon’s market value surpassed three trillion dollars for the first time. This milestone places Amazon among only five companies ever to achieve such a valuation. The company’s shares surged significantly after strong second-quarter earnings reports. Accelerating cloud-computing revenue eased investor concerns about artificial intelligence spending. Amazon’s stock now leads the Magnificent Seven group in performance […]
Promoter ownership climbs to two-year high despite persistent FII selling
Indian promoters significantly boosted their stock purchases in the June quarter. This action drove their ownership in listed companies to a two-year peak. Meanwhile, foreign institutional investors reduced their holdings to a fourteen-year low. Domestic investors absorbed much of the foreign sell-off, reaching an all-time high. This trend highlights growing domestic participation in Indian equity […]
New closing auction triggers confusion, sparks late Nifty swings
Market participants faced confusion during the new auction system’s debut. Indices and stock values diverged significantly, catching traders by surprise. The new system determines closing prices through a separate auction process. This change aims to create more robust closing prices for derivatives. Tuesday’s derivatives expiry will be a key test for the new system.
If the earnings don’t come through, markets will struggle: Paul Wilson
Indian stock valuations are lower, but earnings have disappointed, limiting re-rating potential. Global capital’s return to India is not yet a major turn, according to Paul Wilson. Higher US Treasury yields make emerging markets like India more challenging tactically. Financials and specific IT companies are seen as favorable investment areas within India. The Indian rupee’s […]
Pre-market action: Here’s the trade setup for today’s session
The Indian market began the week with strong momentum and expects continued positive sentiment. Encouraging first-quarter earnings and easing crude oil prices are supporting this upward trend. Investors will closely watch the Reserve Bank of India’s monetary policy meeting for further market direction. Developments in the US-Iran conflict and ongoing earnings season also remain key […]
Credit to tech infrastructure sector doubles in two years
Bank loans for India’s technology infrastructure sector have doubled in two years. This growth reflects India’s position as a global hub for data centers. Loans to IT services and digital infrastructure rose significantly year on year. This expansion is driven by data centers, GCCs, and IT enabled services. These segments are now showing robust growth […]