India’s IT services companies were beginning to see improving demand for tech services in the US, their biggest market. But if the trade war unleashed by US President Donald Trump pushes his country into a recession, IT clients could tighten their discretionary spending budgets again, according to experts. The jitters are already reflecting in the…
The corrective phase of India’s stock markets is expected to continue but a short-term bounce appears possible with bulls managing to defend the strong support of 22,800 points for a third time on Monday, according to market analysts. The benchmark Nifty 50 index recovered twice in the recent past from around that level despite relentless…
Indian investors saw about â‚ą9.3 lakh crore wiped out in market wealth on Tuesday as Trump’s latest tariffs, slower corporate earnings and a relentless selloff by foreign investors continued to rock the sentiment. Mid- and small-cap stocks took an even harder hit. Benchmark indices fell for the fifth straight session, with Nifty 50 and S&P…
Foreign portfolio investors (FPIs) have withdrawn â‚ą64,156 crore from the Indian equities market so far in January 2025, in an unabated exodus amid Rupee depreciation, rise in United States bond yields and expectations of an overall tepid earnings season, according to a PTI report. The selling shows a reversal in investor sentiments since December 2024,…
They adopted a two-pronged approach: booking profit in the secondary market while placing bets in the equity capital market (ECM) by way of initial public offerings (IPOs), follow-on offerings (FPOs), and qualified institutional placements (QIPs). Though FIIs were net sellers in the secondary market, they contributed to approximately 47% of anchor allocations in IPOs in…
This domestic buying spree has helped the Nifty outperform its Asian peers, such as Nikkei 225, South Korea’s Kospi and Singapore’s Straits Times Index, amid global market jitters. Read this | Retail buying on 4 June pushes FY25 buys to levels seen in whole of FY24 In the month through 9 August, as FIIs offloaded…
