Foreign and domestic institutional investors were net buyers in Indian equities on Wednesday, with domestic funds continuing to show stronger momentum, provisional exchange data showed.Foreign institutional investors (FIIs) made a net purchase of ₹890.93 crore, while domestic institutional investors (DIIs) bought shares worth ₹1,091.34 crore on a net basis. For the month so far, FIIs have sold Indian equities worth ₹5,869.04 crore, with gross purchases of ₹172,852.35 crore and gross sales of ₹178,721.39 crore. In contrast, DIIs have emerged as firm buyers, net purchasing ₹58,138.87 crore worth of stocks, with...
Indian equity markets are witnessing a sharp sell-off on Friday, April 25, owing to the rising geopolitical tensions between India and Pakistan.The resultant sell-off has led to a wipe out of ₹10 lakh crore in the combined market capitalisation of all BSE-listed companies, within the first two hours of trade. Barring the Nifty IT, all other sectoral indices are trading with losses. The Nifty Media and Nifty Realty indices are down over 3% in today's trade. The PSU Bank Index, Nifty Energy, Pharma, Metal and Auto indices are also down...
Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the green. Nifty 50 closed at 23,591.95, while Sensex ended at 77,606.43. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 2,685.4 points away from its record high of 26,277.35.Overnight, Wall Street indices ended lower. Asian stocks too declined in early trade today.The global market trend has been weak after US President Donald Trump's tariff announcement on foreign-built cars and light trucks. Uncertainty remains as Trump's...
Indonesia's finance minister denied rumours of her imminent resignation and pledged to maintain fiscal discipline at a hurriedly called press conference announced after the country's benchmark index plunged to a multi-year low on Tuesday.Indonesian stocks fell as much as 7.1% on Tuesday and the rupiah slid to a two-week low against the dollar, pressured by concerns over the government's fiscal strategy and growth prospects a day before a central bank review of monetary policy. The drop, which also follows rumours of resignation of Sri Mulyani Indrawati in the market, also...
Jim Walker, the Chief Economist at Aletheia Capital, who famously foresaw the 2008 financial crisis, has laid out four major predictions for 2025: a 10% drop in the U.S. dollar, a painful but not catastrophic economic slowdown, a long-term bullish stance on copper, and a strong recommendation to double down on Indian equities.In an interview with ETNow, Walker dismissed concerns that the global economy is headed for another 2008-style meltdown. “It will be a pretty painful slowdown, but we can go to the other end of it without the kind...