FPI selling is driven mostly by global factors
Fund managers at the Business Standard BFSI Insight Summit 2026 stressed selective stock-picking, reasonable valuations and business fundamentals amid divergent market trends.
Sensex gained 483 points to close at 73,606.75, while Nifty rose 153 points to 22,753.20, ending a four-day losing streak as metal, telecom and healthcare stocks rallied.
Stockbrokers weigh stricter F&O suitability checks, a commodity exchange reviews its data centre migration plan, and Jio Platforms' grey market premium stands at 22% ahead of listing.
Investors are betting on the transformation of Indian IT
Midcap and smallcap stocks posted their worst weekly losses in 20 months, falling 5.6% and 7.3%, respectively, as rising crude prices and geopolitical tensions rattled markets.
Nifty fell 0.54 per cent to 22,687.65 as Brent crude climbed above $112 a barrel, with oil-sensitive stocks dragging markets lower amid renewed tensions in West Asia.
IT stocks gained ₹77,000 crore in market value, cushioning the Nifty's 0.34% decline on Wednesday, while banking and financial stocks lost around ₹81,000 crore amid rising bond yields.
Stronger margin trends lift state-owned lenders, but analysts see limited scope for a significant narrowing of the valuation gap
Bank earnings disappoint, IT stocks retreat; PSU banks emerge as lone sectoral gainers
Trailing P/E multiple of top 5 IT services companies had declined to 12.9x at September-end, lowest since 2008 global financial crisis
Stock up 43% in 2026 against Nifty's 12% fall; number of foreign portfolio investors more than doubles in September quarter
Sebi has revised the closing auction session framework, adopting the last 30-minute VWAP for derivatives settlement and changing trading hours from December 7, 2026.
The number of active NRI investors in Indian equities has tripled since FY19 to over 957,000 as of July 2026, with their holdings rising to ₹5.6 trillion.
Nifty gains 1.66% as IT stocks, private banks and Reliance rally despite a sell-off in Asian technology shares; broader market breadth stays weak, with smallcap indices falling.
Only 10 Nifty 50 stocks traded above their 200-day moving averages on Wednesday, down from 38 in January, signalling weakening market breadth despite movements in the benchmark index.
HCLTech results spark 5.22% surge in IT index, highest in 17 months; FM's remarks on LTCG tax lift sentiment, too
Nifty target: Monarch Networth Capital expects the index to hit new all-time highs of 26,000-26,500 within the next 4-5 months, suggesting an upside of 18 per cent from the last close.
Broader market indices bucked the trend, with the Nifty Midcap 150 rising 0.1 per cent and the Nifty Smallcap 250 gaining 1.13 per cent
HDFC Bank fell 2.16 per cent even as banking indices gained, with analysts retaining positive ratings while investors assess the lender's transition under new CEO Anup Bagchi