Foreign investors continued to pare their exposure to Indian equities, withdrawing ₹32,963 crore in May due to weak earnings growth, rupee depreciation and more attractive opportunities in other markets. With this, the total outflow by Foreign Portfolio Investors (FPIs) from the equity market has reached ₹2.25 lakh crore in 2026, which is higher than the…
The Nifty 50 extended its decline for a third straight session on Friday, May 29, shedding 359 points, or 1.5%, to close at 23,547 amid broad-based selling across sectors. After opening on a flat note, the benchmark index attempted a recovery in early trade but failed to hold gains. Selling pressure intensified through the session,…
Billionaire Gautam Adani said the Adani Group has moved beyond its US legal challenges and is accelerating investments across energy, transport, logistics and digital infrastructure, positioning itself to benefit from rising demand for artificial intelligence-led growth. In his annual letter to shareholders, Adani said the conglomerate remained committed to expansion despite heightened scrutiny over the…
Stock Market Prediction THIS Week: Developments around the US-Iran situation, crude oil prices, and the RBI’s interest rate decision would determine the trend in the equity market in an event-heavy week ahead, PTI reported quoting analysts. Besides, macroeconomic data announcements, trading activity of foreign investors and the rupee-dollar trend would act as key drivers for…
From RBI MPC, crude oil rates to Iran war: Key factors that will likely drive D-street action this week (Image source: Shutterstock/ET NOW) Indian stock market this week: Benchmark indices Nifty and Sensex ended on a significantly lower note on Friday, the last trading day of May. Benchmark Sensex tumbled 1,092 points, and Nifty closed…
The combined market valuation of seven of the top 10 valued firms eroded by Rs 1.54 lakh crore last week, with Reliance Industries taking the biggest hit, PTI reported. In a holiday-shortened last week, the BSE benchmark Sensex dropped 639.61 points, or 0.84 per cent, and the NSE Nifty declined 171.55 points, or 0.72 per…
Stocks ended the week higher, boosted by gains in the technology sector and optimism over a ceasefire extension in the West Asia, and all three major market averages scored new intraday and closing records on Friday. Micron Technology emerged as one of the most overbought stocks this week as the stock market rallied to new…
Stocks to Watch: Volatility is expected to stay elevated in the markets in the coming days. On Friday, there was no specific trigger such as a spike in crude oil prices or any fresh statement from either side in the US-Iran conflict, yet the Indian markets still closed weaker. Another phase of delivery-based selling There…
TTK Prestige has doubled its induction cooktop manufacturing capacity as the company bets on sustained consumer demand for the category, which it now believes is “here to stay”. Speaking to CNBC-TV18 after the company’s March quarter earnings, Venkatesh Vijayaraghavan, CEO and Managing Director of TTK Prestige, said the kitchen appliances maker has proactively expanded production…
Despite a correction from recent highs, Shah believes Indian equities continue to trade at elevated valuations relative to both their own historical averages and other emerging markets. In a sharp reality check for the Indian equity markets, BofA Securities has sharply downgraded its Nifty earnings growth forecast for financial year 2026-2027 (FY27) from 14 per…
