The selling pressure in the Indian markets persists with the FPI (Foreign Portfolio Investment) selling during May standing at Rs 17,848 crore so far this month. Data from the National Securities Depository Limited (NSDL) shows that the net FPI investment is negative for May.
By creating an unprecedented wealth of USD 1 trillion in just 6 months, both indices of the Indian stock market BSE and NSE have joined the exclusive USD 5 trillion club, defying the FII (Foreign Institutional Investors) pull out before the outcome of the Lok Sabha election on June 4
On Wednesday, Nifty 50 index gained 20 points to 22,549.70 from the previous close of 22,529.05, while the Sensex also took a small lead of 91 points to 74,044.53 after closing at 73,953.31 on Tuesday.
The decision to close the markets was taken to ensure that citizens, including those working in the financial sector, can participate in the electoral process. Trading will resume on Tuesday. The next holiday is scheduled for June 17 for Bakrid.
The session, split into two parts, will involve an intra-day switch from the primary site to the disaster recovery site for both equity and equity derivative segments.
Indian markets have witnessed aggressive selling by Foreign Portfolio Investors (FPIs) in May, with a staggering amount of Rs 17,082 crores as per data by National Securities Depository Limited.
Ajay Bagga, banking and market expert, commented on the market situation, stating, "India Vix has moved up every day for the last 10 days, rising 67 per cent over this period. Markets are very volatile, and sustained FII selling in secondary markets is a negative for the Indian markets. Expe
After a positive start on Tuesday, the Indian stock market encountered selling pressure, leading to both indices slipping into the negative territory by the time the closing bell rang.
Indian stock indices continued their gains from where they left the previous session, though marginally, supported by strong US markets coupled with improved investor sentiment with the relative easing of tensions in the Middle East.
Volatility returned in Indian stock markets after a smooth rally at the start of April month. The current volatility is primarily driven by Foreign Institutional Investor (FII) selling activity. Despite inflows in the primary markets, secondary markets have experienced significant sell-offs
The Indian stock market witnessed a historic surge in investment during FY24, setting a new milestone in the realm of foreign investment. The Central Depository Services Limited (CDSL) data suggests, foreign investors brought in a staggering amount of over Rs 3,39,064 crore in India's sto
Mumbai (Maharashtra) [India], March 12: Lords Mark Industries Ltd., a leading manufacturer of IVD products, in collaboration with Unnat Bharat Abhiyan, a National Programme by the Government of India, under the initiation of FIIT (Foundation for Innovation and Technology Transfer), IIT Delhi