Domestic institutional investors (DIIs) stepped up purchases in Indian equities on Friday, helping power a sharp rally in benchmark indices even as foreign investors remained net sellers. According to exchange data, DIIs were net buyers of equities worth ₹5,341.29 crore during the session, purchasing shares worth ₹18,877.03 crore and selling ₹13,535.74 crore. In contrast, foreign…
Drug maker Aurobindo Pharma Ltd on Friday (June 12) said the US Food and Drug Administration (US FDA) has classified the inspection of Eugia Pharma Specialities’ Unit-III facility as “Official Action Indicated” (OAI). The facility is located at Phase-III, TSIIC, EPIP, IDA, Pashamylaram, Patancheru Revenue Mandal, Sangareddy District, Telangana, and is operated by Eugia Pharma…
JSW Energy Ltd on Friday (June 12) said its wholly owned subsidiary JSW Neo Energy Ltd has commissioned the full 150 MW capacity of the Tidong Power Generation Private Ltd hydroelectric project in Himachal Pradesh. With this commissioning, JSW Energy’s total installed capacity has increased to approximately 13,900 MW. The Tidong project is a run-of-river…
E-commerce firm Meesho Ltd on Friday (June 12) announced the acquisition of Kirana Club Pte. Ltd and Retail Pulse Labs Private Ltd for an aggregate consideration of ₹202.08 crore, as part of its strategy to expand its presence in India’s digital commerce ecosystem. The acquisition, approved by Meesho’s board on June 12, will be executed…
Speaking at the ET Now Markets Summit 2026, Pandey said Indian markets have navigated an exceptionally challenging environment over the past few years, including geopolitical tensions, tariff uncertainties, energy price shocks, supply chain disruptions, AI-led technological changes and foreign portfolio investor outflows. India’s capital markets have continued to demonstrate resilience despite facing a series of…
On market participation, Pant highlighted the growing role of domestic institutional investors (DIIs), noting that they have remained consistent investors and have largely offset foreign institutional investor (FII) outflows. He observed that history has repeatedly shown market corrections to be opportunities for investors. Source link
India’s capital markets regulator is contemplating rolling out detailed guidelines on the use of Artificial Intelligence (AI) in financial markets, with SEBI Chairman Tuhin Kanta Pandey emphasising that AI will form a key pillar of the regulator’s future agenda while maintaining strong human oversight. Speaking at the ET NOW Markets Summit 2026 on Friday (June…
Hexagon nutrition shares list at 7% premium Highlights Hexagon Nutrition listed at Rs 48.25 per share, a 7% premium over its IPO issue price of Rs 45, after the Rs 139 crore issue was subscribed 54 times. The company expects branded nutrition products, led by Pentasure, along with its premix business, to remain key drivers…
The Reserve Bank of India’s recent measures to boost foreign currency inflows are expected to generate $40–50 billion in inflows in FY27, strengthening India’s forex reserves, improving banking system liquidity and supporting the rupee, according to a report by Motilal Oswal Financial Services. The report said the central bank has introduced special facilities for Foreign…
Foreign outflows from India may have largely run their course despite its status as one of the world’s most oil-vulnerable economies, a top executive at Lighthouse Canton said, adding that the country’s lack of AI exposure could prove an advantage of absence. Domestic benchmarks Nifty 50 and Sensex are down about 11% and 13% so…
