Page 78 - Indian Equities

Rupee rises 5 paise to 79.82 against US dollar, domestic equities advance

The rupee appreciated 5 paise to 79.82 against the US dollar in early trade on Monday in line with a positive trend in domestic equities. Forex traders said the rupee is trading in a narrow range as the strengthening of the American currency in the overseas market and rising crude oil prices are weighing on investor sentiment. At the interbank foreign exchange, the rupee opened at 79.84 against the dollar and touched 79.82 in initial deals, registering a gain of 5 paise over the last close. On Friday, the rupee closed at 79.87 against the dollar. The dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.39 per cent to 109.95. Global oil benchmark Brent crude futures jumped 1.96 per cent to USD 94.84 per barrel. On the domestic equity front, the 30-share Sensex was trading 129.41 points or 0.22 per cent higher at 58,932.74 points, while the broader NSE Nifty advanced 44.35 points or 0.25 per cent to 17,583.80 points. Foreign instituti

Foreigners return to Indian equities on hopes of stronger earnings

According to stock exchange data, foreigners have invested $6.4 billion in Indian equities since the start of July, after dumping over $27 billion-worth over the previous six months.

FPIs pump in Rs 44,500 cr into Indian equities in three weeks of Aug

This was way higher than a net investment of nearly Rs 5,000 cr by Foreign Portfolio Investors in entire July, data with depositories showed

FPIs buy shares worth Rs 14,000 cr in a week amid softening dollar index

After turning net buyers last month, foreign investors continued their positive stance on Indian equities and invested over Rs 14,000 crore in first week of August amid softening of the dollar index

Stock spurt fails to lift cash-market volumes in July, shows data

FPIs bought shares worth Rs 4,989 crore in July after being net-sellers since October

The tug of war

Beyond a near-term reversal, foreign selling and domestic buying of Indian equities may resume

Rupee rises 45 paise to close at 79.24 against USD amid fresh FPI inflows

The rupee gained 45 paise to close at 79.24 (provisional) against the US dollar on Friday as heavy buying in domestic equities and weakness in the greenback bolstered investor sentiment

What drove the bull run in the markets last week?

Benchmark indices soared over 4% last week. Return of foreign investors and easing in commodity prices breathed a new life into the Indian equities. Know more about this bull run

After $30 bn exodus, foreign funds trickle back into Indian equities

Foreign funds are showing signs of a return to Indian equities as recent declines in oil prices and the dollar bring some reprieve for emerging markets

Global factors, crude oil, macro data to drive stocks this week: Analysts

'Crude oil prices, dollar index and rupee movement will be other dominating factors'

FPIs pull out Rs 14,000-cr from Indian equities in June amid concerns

Wary of the scenario on the global and domestic fronts, foreign investors continued to withdraw from Indian equity markets and pulled out close to Rs 14,000 crore in this month so far

Market has started pricing in too much of hawkishness: Jitendra Gohil

'Within the EM pack, barring high valuation, India's fundamentals are superior. But if oil prices spike further, we might see another round of sell-off in India', said Gohil

Investing in mid-, small-cap funds? Investors must tread with caution

Barring the past few months, small-cap and mid-cap funds outperformed significantly, compared to other categories until the start of calendar year 2022

Equity funds bet on sectors likely to gain from an economic revival

These include capital goods, public sector banks, automobiles, oil and gas and utilities

In no hurry to add to India position; buy only on a dip: Chris Wood

Given the macro headwinds - the need to tighten monetary policy combined with the risk of a much higher oil price, are the key reasons Wood has been in no hurry to add to the 'overweight' position

Rupee slumps 32 paise to close at 76.49 against dollar on equities sell-off

Persistent foreign capital outflows also dented investor sentiment, forex traders said

FIIs may remain on sidelines for some time: Julius Baer's Ashish Gumashta

Our global desk currently maintains an 'overweight' rating on India with a Sensex target of 66,000

'Indian equities are not a bargain buy at the current levels'

Business Standard's Puneet Wadhwa speaks to Dan Fineman, Co-head of APAC Equity Strategy at Credit Suisse on the extent to which the markets are pricing in the negatives, and his investment strategy

'Better valuations, oil price fall will make Indian equities attractive'

Dan Fineman, co-head of Asia Pacific, Securities Research, Credit Suisse, says the brokerage would like to upgrade India if an opportunity arises

4.8% of $10.7 trillion Indian household assets are in equities: Jefferies

Equities as a percentage of households net worth has risen to an all-time-high as of March 2022