The rally on Thursday was due in large part to a surge in shares of HDFC Bank, Reliance Industries, Power Grid Corporation of India and Coal India, with the oil & gas, consumable fuels, financial services, and power sectors leading the charge. Information technology and automobile stocks lagged behind. There […]

Indian markets resumed their upward trajectory on Friday, rebounding from the heightened volatility triggered by the Union Budget 2024’s capital gains tax hike and an STT increase on derivatives. Despite less favorable global cues and foreign portfolio investors pulling out of Indian equities following the budget announcement, the indices staged […]

In a remarkable display of resilience and strength, Indian benchmark indices reached another record high in today’s session, continuing their bullish momentum for the eighth consecutive trading day (excluding a minor 0.14% dip on Friday). The resurgence in foreign portfolio investor (FPI) inflows, coupled with robust retail participation through mutual […]

Retail and wealthy investors have taken huge long bets on index and stock futures contracts, reinforcing their expectations of political continuity, according to analysts. Foreign institutional investors (FIIs), on the other hand, are being cautious, hedging their bullish bets on single stock futures contracts and cash portfolios by building huge […]