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 stock markets witnessed a subdued opening on Tuesday as benchmark indices remained nearly flat, with investors keeping a keen eye on impending global developments, especially the U.S. Federal Reserve's policy meeting commencing later today. Geopolitical tensions between India and Pakistan further tempered market sentiments, although the steady influx of investments from foreign portfolio investors (FPIs) provided some support to Indian equities.The Nifty 50 index initiated trading at 24,500.75, reflecting a rise of 39.60 points or 0.16 percent, while the BSE Sensex opened at 80,907.24, marking an increase of...
Have you checked your 401k balance since President Donald Trump announced widespread tariffs last week on what he called “Liberation Day”? Chances are, it’s down — maybe way down. The markets have lost more than $11 trillion since Trump’s inauguration and more than half of that happened on Thursday and Friday, according to global investment research company Morningstar. On Monday, the CEO of the world’s largest asset manager, Larry Fink of Blackrock, said stock markets could fall by another 20% because of the tariffs and said the economy is probably...