However, in the first sign of caution in a blistering rally, retail and wealthy investors initiated cumulative short positions of 11,738 contracts on Nifty and Bank Nifty futures on Monday, after being net buyers for over two months. To be sure, foreign portfolio investors (FPIs) cut their cumulative net shortsRead More →
The Nifty may test 20,500 levels, thanks to short-covering by foreign portfolio investors (FPIs) as well as retail and high net-worth option sellers. Ahead of election results, FPIs held net short futures positions of 47,161 Nifty and Bank Nifty contracts, and net long index put options totalling 240,625 contracts. AnalystsRead More →
Mumbai:Stellar growth in the second quarter and positive cues from state exit polls lifted the Nifty to a new record on Friday, while the Sensex came within kissing distance of its all-time high. The Nifty hit a record 20,291.55 during the day, before slipping somewhat to close at an all-timeRead More →
There is, however, optimism for FY25 with anticipated inflows of $20 billion to $30 billion into government bonds, following India’s inclusion in the JP Morgan Global Bond Index. Although the benchmark 30-stock Sensex delivered a 4.5% return in 2022 and continues its trend this year, its dollar-adjusted version, the DollexRead More →
The decline in benchmark indices was led by heavyweight HDFC Bank, which neared its 52-week lowRead More →
Mumbai: Retail investments into small- and mid-cap stocks (smids) are slowing and could move into large-cap stocks, where the decline from the peak has been steeper. Early signs of this trend are evident as a key mid-cap index has corrected more than Nifty from its peak last month. While theRead More →
The Securities and Exchange Board of India’s (Sebi) bid to tighten regulations on financial influencers, or finfluencers, could have unintended consequences on overseas banks and brokers providing services to foreign portfolio investors (FPIs), two people familiar with the matter said. In August, the markets regulator released a consultation paper proposingRead More →
Currency derivative volumes on the National Stock Exchange (NSE) rose to a record high in the first half of the current financial year as a volatile rupee increased trader interest. The average daily turnover of currency futures and options contracts traded on India’s largest exchange hit ₹1.59 trillion, up 22.3%Read More →
FPIs turned net sellers of ₹14,768 crore in NSE’s cash market in September after buying equities worth ₹1.69 trillion over six straight months. Simultaneously, they held a cumulative net short position in index and single-stock futures as of 29 September, coinciding with their cash market sales. Their cumulative net shortsRead More →
Indian equities had a tumultuous ride last week after the US Federal Reserve indicated that it could keep interest rates elevated for longer than expected before. The Fed projections pushed the US Treasury yields to a 16-year peak and lifted the dollar index. In response, foreign portfolio investors (FPIs) haveRead More →
