Latest news with #DII
Hans India
5 days ago
- Business
- Hans India
Despite record FPI outflows, Nifty 50 surges 5% in 2025: Details
Despite foreign portfolio investors (FPIs) pulling out $10.6 billion from Indian equities in 2025 — the highest outflows among Asian markets — the Nifty 50 has rallied over 5% year-to-date. This unexpected resilience in Indian equities is being powered by record-breaking inflows from domestic institutional investors (DIIs), mainly mutual funds, who have invested over $36.1 billion this year alone. While FPIs have remained cautious amid global uncertainties — including volatile oil prices, high Indian market valuations, and geopolitical tensions — DIIs have stepped in to drive the market forward. With consistent contributions from retail investors, Indian mutual fund assets under management (AUM) surpassed ₹70 lakh crore in May, marking a significant shift in market dynamics. This growing domestic participation is not just plugging the gap left by FPI exits — it's changing the structure of ownership in Indian markets. For the first time, DII holdings in Nifty-500 companies have surpassed FPI holdings, reflecting a stronger homegrown investment base. Analysts suggest that India's stable inflation outlook, strong economic fundamentals, and rising retail investor engagement are key drivers behind this outperformance. Over the past decade, DIIs have pumped in nearly $195 billion — nearly four times the FPI inflows of $53 billion during the same period. Still, uncertainty looms. Further FPI outflows may occur if crude oil prices rise due to escalating Middle East tensions or if global central banks maintain elevated interest rates. Moreover, cheaper valuations in China and other Asian markets might attract FPI attention elsewhere. Nevertheless, India's stock market continues to defy global trends, underpinned by its strong domestic investor base and structural economic strength.
Business Recorder
5 days ago
- Business
- Business Recorder
Indian shares set for muted start to week as Middle East conflict dents sentiment
India's equity benchmarks are set to open little changed on Monday after two straight sessions of losses, as the conflict between Israel and Iran showed no signs of cooling, denting risk sentiment. The Gift Nifty futures were trading at 24,791 as of 7:32 a.m. IST, indicating that the Nifty 50 will open near Friday's close of 24,718.6. Both the benchmarks posted weekly losses on Friday as Israel's military strikes on Iran escalated tensions in the Middle East. Over the weekend, Israel and Iran launched fresh attacks, killing and wounding civilians and raising concerns of a broader regional conflict. Other Asian markets opened on a subdued note, with the MSCI Asia ex-Japan index losing 0.2%, while oil prices advanced on supply concerns due to geopolitical tensions in the oil-rich Middle East region. Financials, IT stocks weigh on Indian equity benchmarks A rise in oil prices is negative for importers of the commodity such as India, as crude constitutes a significant share of the country's import bill. Foreign institutional investors (FII) remained net sellers of Indian stocks for a third straight session on Friday, taking their net outflows in June to 54.02 billion rupees ($627.55 million) so far. Domestic institutional investors (DII) remained net buyers of Indian stocks for the 19th straight session on Friday.
Reuters
6 days ago
- Business
- Reuters
Indian shares set for muted start to week as Middle East conflict dents sentiment
June 16 (Reuters) - India's equity benchmarks are set to open little changed on Monday after two straight sessions of losses, as the conflict between Israel and Iran showed no signs of cooling, denting risk sentiment. The Gift Nifty futures were trading at 24,791 as of 7:32 a.m. IST, indicating that the Nifty 50 (.NSEI), opens new tab will open near Friday's close of 24,718.6. Both the benchmarks posted weekly losses on Friday as Israel's military strikes on Iran escalated tensions in the Middle East. Over the weekend, Israel and Iran launched fresh attacks, killing and wounding civilians and raising concerns of a broader regional conflict. Other Asian markets opened on a subdued note, with the MSCI Asia ex-Japan index (.MIAPJ0000PUS), opens new tab losing 0.2%, while oil prices advanced on supply concerns due to geopolitical tensions in the oil-rich Middle East region. A rise in oil prices is negative for importers of the commodity such as India, as crude constitutes a significant share of the country's import bill. Foreign institutional investors (FII) remained net sellers of Indian stocks for a third straight session on Friday, taking their net outflows in June to 54.02 billion rupees ($627.55 million) so far. Domestic institutional investors (DII) remained net buyers of Indian stocks for the 19th straight session on Friday. ** Sun Pharma's ( opens new tab Halol manufacturing facility in Gujarat gets eight observations from U.S. drug regulator after recent inspection ** Syngene ( opens new tab gets establishment inspection report from U.S. FDA ** Oil upstream companies such as ONGC ( opens new tab and Oil India ( opens new tab could rise on uptick in crude oil prices ($1 = 86.0810 Indian rupees)
Miami Herald
13-06-2025
- Sport
- Miami Herald
HBCU Contender to Face DII Titan in Week Zero Classic
The stage is set. On August 30, 2025, at historic Legion Field, in Birmingham, Alabama, Clark Atlanta University will face DII powerhouse Valdosta State in the Week Zero Labor Day Classic. A game that should be circled on the calendars of all HBCU football fans. What makes this game even more electric? It's more than just football. The Week Zero Classic is a multi-day cultural celebration that includes celebrity flag football, live concerts, food festivals, and esports tournaments. And at the heart of it all is one of the most intriguing matchups of the 2025 season: an emerging HBCU contender versus one of Division II's most decorated programs. Just two years ago, Clark Atlanta University football was struggling, finishing the 21023 season winless at 0-10. But the hiring of head coach Teddy Keaton changed everything. Keaton, a proven program builder with previous stops at Stillman and Allen University, wasted no time flipping the culture. In 2024, Clark Atlanta shocked the conference with a 7–3-1 record and a trip to the SIAC Championship Game-their first in over a decade. The engine behind the Panthers' resurgence? Quarterback David Wright, who threw for 3,271 yards and 31 touchdowns. Wright was named SIAC Offensive Player of the Year, and Keaton took home Coach of the Year honors. Now, the Panthers are no longer just a feel-good story. They're a legit contender-and their Week Zero test might be their biggest yet. Valdosta State is the gold standard of DII football. With four national championships (2004, 2007, 2012, 2018) and countless Gulf South titles, the Blazers have dominated the division for over two decades. But 2025 marks a new chapter. Former head coach Tremaine Jackson-a rising star in coaching circles-recently accepted the head job at FCS HBCU Prairie View A&M, creating a ripple effect through the program. While Valdosta remains loaded with talent, the departure opens the door for challengers-and Clark Atlanta aims to kick it in. This game is also the first of two back to back marquee matchups for Valdosta against rising HBCU powers. The Blazers will face Johnson C. Smith University the following week in Charlotte. Games that could help close the gap between PWI dominance and HBCU resurgence in DII football. The Week Zero Labor Day Classic is the ultimate fusion of culture, competition, and community. Celebrity Flag Football Game featuring top athletes, entertainers, and influencersBBQ Festival hosted by Thyron Mathews, with 150 vendors bringing their bestDJ Spinoff and TUF Music Festival, where music meets nightlifeUltimate Fan Zone & Esports Dome-a 4,000-seat interactive fan experienceAutograph sessions, alumni mixers, and comedy legends like Nephew Tommy and Bill Bellamy The post HBCU Contender to Face DII Titan in Week Zero Classic appeared first on HBCU Gameday. Copyright HBCU Gameday 2012-2025
Business Recorder
30-05-2025
- Business
- Business Recorder
Indian shares set to open higher on strong inflows, growth optimism
Indian benchmark indexes are poised to open higher on Friday, supported by robust institutional inflows and expectations of faster domestic economic growth ahead of GDP data due later in the day. Gift Nifty futures were trading at 24,950, as of 8:14 a.m. IST, indicating a firm start above the Nifty 50's close of 24,833.6 on Thursday. Foreign portfolio investors (FPI) purchased Indian shares worth 8.84 billion rupees ($103.5 million) on Thursday, marking their fifth consecutive session of net purchases. With $2.6 billion in net foreign inflows so far in May, FPI buying is on track to hit its highest monthly total since September 2024, when benchmark indexes hit record peaks. Meanwhile, domestic institutional investors (DII) have been net buyers of Indian shares for eight consecutive sessions. Sustained institutional support, sequential improvement in March quarter earnings, and easing global trade concerns have lifted the Nifty 50 by 2% month-to-date, setting up the index for a third straight monthly gain. Investor sentiment is also buoyed by expectations of an economic recovery and potential rate easing by the Reserve Bank of India next week, analysts said. Financials, IT stocks weigh on Indian equity benchmarks India's economic growth is likely to have accelerated in the January–March quarter, driven by stronger rural demand and increased government spending, despite cautious private investment amid global uncertainty. The GDP data will be released after market hours on Friday. Wall Street equities closed higher overnight as markets digested a court ruling that reinstated the most sweeping of U.S. President Donald Trump's tariffs. The ruling came just a day after a U.S. trade court had ordered a block on the same measures. Broader Asia markets opened weaker, with the MSCI Asia ex-Japan index losing 0.5% after a 0.6% gain in the previous session.
