Asian stocks retreat at open after US tech selloff
Asian stock markets declined following a tech stock selloff on Wall Street. Samsung and SK Hynix faced restrictions on shipments to China. Alibaba’s surge contrasted with China’s factory activity contraction. A US court ruling added uncertainty to trade tariffs. Investors await key economic data and the Federal Reserve’s decision. Political risks in Indonesia and Thailand […]
India opts for golden hedge, cuts treasury-bill share in forex kitty
The Reserve Bank of India increased gold reserves over US Treasury bills. This move aims to strengthen foreign exchange holdings. India’s US T-bill investments decreased compared to last year. However, India remains a top investor, ahead of Saudi Arabia and Germany. This shift reflects a global trend of diversifying reserves beyond the dollar. China also […]
Consumer stocks may offer silver lining amid Nifty low
Despite global uncertainties impacting the Nifty, the consumption sector shows promise, fueled by anticipated GST slab changes. Analysts highlight Colgate-Palmolive, CG Power, and Voltas as potential bullish bets, while KFin Technologies and AU Small Fin Bank are viewed bearishly. Technical analysis suggests specific entry and exit points for traders.
August Rush: FPI outflows at $4 billion highest in 7 months
Foreign investors heavily sold Indian shares in August, the most in seven months. This year’s total exits are the highest since 2022. Punitive US tariffs and a weak rupee impacted the market. Domestic funds supported equities with strong buying. SIP inflows also rose significantly. Rupee fell to breach the 88 mark to a dollar.
India shifts focus from US Treasury bills to gold holdings to bolster forex reserves
The Reserve Bank of India is strategically shifting its foreign exchange reserve strategy, favoring increased gold reserves over US Treasury bills. This move aligns with a global trend of diversifying away from the US dollar amidst geopolitical uncertainties. While India’s US T-bill holdings have decreased, gold reserves have increased, reflecting a broader diversification in forex […]
Will it be another muted September for Dalal Street?
Indian equity investors might face a lackluster September, as historical trends indicate a subdued market performance. Data reveals that key indices like Nifty 50 and Nifty 500 have often declined during this month over the past decade. Technical analysis suggests a slightly negative outlook, with potential upside capped until Nifty surpasses specific levels.
What’s driving the surge in foreign investment in Indian bonds?
Overseas investors significantly increased their purchases of Indian bonds for the second straight month in August, driven by attractive yields. Net inflows into the fully accessible route for government securities soared to ₹10,471 crore, fueled by a widening yield gap between Indian and US treasury bonds.
Market Trading Guide: 2 stocks to buy on Monday with up to 13% upside potential
Indian stock market slipped as Reliance Industries, HDFC Bank, and Infosys dragged indices lower, with Nifty falling below the 100 EMA, signaling weakness. Analysts see support at 24,150–24,400 and resistance near 24,650. Stock picks include Lumax Industries and Authum Investment with bullish setups.
Nifty extends its losing streak into August. Will GST talks, upbeat GDP, and Modi’s China visit break the slide?
Indian equities closed August with a second consecutive month of losses as Nifty fell 1.38%, pressured by U.S. tariff shocks, foreign fund outflows, and profit-taking. Despite this, strong GDP growth and upcoming GST reform talks provide potential buffers. Geopolitical developments, including Modi’s China visit, and domestic growth triggers will test whether markets can recover in […]
September seasonality favours bears: Nifty down 6 of last 10 years; where to invest now?
Nifty seasonality in September has leaned bearish, slipping in six of the past ten years as FII selling weighed on sentiment. Despite steady DII buying in September, volatility persists. Historical performance highlights sector rotation, with a cautious technical view guiding investment strategy for the month.