India-focused funds have borne the brunt of the recent selling, with $7 billion redeemed from long-only funds and another $2 billion from exchange-traded funds (ETFs) so far this year
NFO activity is closely linked to equity market sentiment, with fund houses typically launching more schemes during bull markets
While the index has outperformed global peers, it remains at a deep discount to other chip-heavy gauges. The Kospi's price-to-earnings ratio is one-third the current multiple for Taiwan's Taiex
TCS's upbeat Q1 commentary has lifted sentiment, but analysts believe a sustained recovery in technology spending will be critical for stronger revenue and earnings growth
Midcap and smallcap funds have done better in recent times
Sensex Today | Stock Market Highlights, Friday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 1.4 per cent and 1.55 per cent higher, respectively
On the sectoral front, Nifty Realty ended the day as the top gainer, followed by Nifty PSU Banks. Both indices closed over 3 per cent higher.
Muthoot Microfin reported a healthy provisional business update for Q1FY27, with AUM rising 18% YoY to ₹14,457 crore, supported by continued portfolio expansion and strong disbursement momentum.
ONGC has approved an expansion of the country's strategic oil reserves, highlighting a push to strengthen energy resilience following the shock of the Iran war.
Apollo Micro shares gained 5 per cent after approval was granted to the company to acquire 41.3 per cent stake in Premier Explosives.
In the past one month, VA Tech Wabag has outperformed the market by surging 44 per cent, as compared to 4.2 per cent rise in the Nifty 50.
Zensar Technologies, CDSL, Bandhan Bank and MRPL from the Nifty Smallcap 100 index rallied between 5% and 12% in Friday's intra-day trade.
Motilal Oswal Financial Services initiated coverage on Vedanta Aluminium with a 'Buy' rating and a target price of ₹540.
Analysts at JM Financial Institutional Securities expect Paytm to report healthy Q1FY27 performance, led by strength in their respective core businesses.
At 09:38 AM on Friday, the Nifty IT index was the top gainer among sectoral indices, up 1.8 per cent, as compared to a 1 per cent rise in the Nifty 50.
TCS reported a 4.61 per cent Y-o-Y increase in its net profit to ₹13,349 crore for Q1 FY27. Its revenue jumped by 13.9 per cent Y-o-Y to ₹72,275 crore.
Stocks to watch today: TCS, Maruti Suzuki, JSW Steel, JK Tyre, Federal Bank, AU SFB, SAIL, Nalco, NLC India, Anand Rathi Wealth, JSW Steel, Cummins India, among others, will be in focus today
Nomura has maintained a 'Buy' rating on Indus Towers. The brokerage has kept its target price unchanged at ₹505, implying an upside of 30 per cent from its previous close of ₹388.55.
Piramal Pharma said that the US FDA has issued an Establishment Inspection Report (EIR) for its Sellersville facility, and the inspection has now been successfully closed.
Share price of Neuland Laboratories rallied 6 per cent to hit a record high of ₹20,072 on the BSE in Thursday's intra-day, after a gap of eight months.