Latest news with #SiddharthaKhemka
Mint
9 hours ago
- Business
- Mint
Foreign investors infuse ₹1209 cr in Indian equities this week, net outflow in June stands at ₹4192 cr: NSDL
Mumbai (Maharashtra) [India], June 21 (ANI): Foreign investment in the Indian equity market remained positive during the week from June 16 to June 20, though the net inflows declined compared to the previous week, as per the latest data released by the National Securities Depository Limited (NSDL). According to the data, foreign investors made net inflows worth ₹ 1,209 crore in Indian equities this week. The inflows were largely supported by significant buying activity on Wednesday and Friday. Market experts attributed this trend to foreign participation in several block deals offered during the week, along with notable inflows on Friday due to the FTSE rebalancing. Siddhartha Khemka, Head Research, Wealth Management, Motilal Oswal Financial Services told ANI "FPI inflows this week has been driven by buying seen in several blocks offered during the week as well as large inflows on Friday due to FTSE rebalancing. Overall Indian economy stands strong driven by healthy economic growth multi year low inflation, rate cut by RBI as well as prospects of a above normal monsoon". Despite the positive movement this week, foreign portfolio investment (FPI) flows for the month of June so far continue to remain in the negative. As of June 20, the net outflows by foreign investors stood at ₹ 4,192 crore. However, this is an improvement from the previous week (ending June 13), when net outflows were higher at ₹ 5,402 crore. This reduction in outflows reflects some signs of stabilization in FPI sentiment. Khemka added that the recent inflows are being driven by India's strong economic fundamentals. These factors are collectively boosting investor confidence and encouraging selective foreign investment, even amid global uncertainties. Looking ahead, he suggested that both global and domestic factors will influence FPI trends in the coming week. Key global triggers include geopolitical developments, fluctuations in crude oil prices amid tensions in middle east, and the approaching deadline for the imposition of US reciprocal tariffs. On the domestic front, important drivers will be macroeconomic indicators, institutional buying support, and sector-specific triggers such as monsoon progress, consumption trends, and infrastructure push. These elements are expected to determine stock specific movements and FPI behaviour in the short term. Earlier in May, the net foreign portfolio investment (FPI) inflows remained in positive and stood at ₹ 19,860 crore, making May the best-performing month so far this year in terms of foreign investment.
India Gazette
10 hours ago
- Business
- India Gazette
Foreign investors infuse Rs 1209 cr in Indian equities this week, net outflow in June stands at Rs 4192 cr: NSDL
Mumbai (Maharashtra) [India], June 21 (ANI): Foreign investment in the Indian equity market remained positive during the week from June 16 to June 20, though the net inflows declined compared to the previous week, as per the latest data released by the National Securities Depository Limited (NSDL). According to the data, foreign investors made net inflows worth Rs 1,209 crore in Indian equities this week. The inflows were largely supported by significant buying activity on Wednesday and Friday. Market experts attributed this trend to foreign participation in several block deals offered during the week, along with notable inflows on Friday due to the FTSE rebalancing. Siddhartha Khemka, Head Research, Wealth Management, Motilal Oswal Financial Services told ANI 'FPI inflows this week has been driven by buying seen in several blocks offered during the week as well as large inflows on Friday due to FTSE rebalancing. Overall Indian economy stands strong driven by healthy economic growth multi year low inflation, rate cut by RBI as well as prospects of a above normal monsoon'. Despite the positive movement this week, foreign portfolio investment (FPI) flows for the month of June so far continue to remain in the negative. As of June 20, the net outflows by foreign investors stood at Rs 4,192 crore. However, this is an improvement from the previous week (ending June 13), when net outflows were higher at Rs 5,402 crore. This reduction in outflows reflects some signs of stabilization in FPI sentiment. Khemka added that the recent inflows are being driven by India's strong economic fundamentals. These factors are collectively boosting investor confidence and encouraging selective foreign investment, even amid global uncertainties. Looking ahead, he suggested that both global and domestic factors will influence FPI trends in the coming week. Key global triggers include geopolitical developments, fluctuations in crude oil prices amid tensions in middle east, and the approaching deadline for the imposition of US reciprocal tariffs. On the domestic front, important drivers will be macroeconomic indicators, institutional buying support, and sector-specific triggers such as monsoon progress, consumption trends, and infrastructure push. These elements are expected to determine stock specific movements and FPI behaviour in the short term. Earlier in May, the net foreign portfolio investment (FPI) inflows remained in positive and stood at Rs 19,860 crore, making May the best-performing month so far this year in terms of foreign investment. The previous months' data also showed that FPIs had sold stocks worth Rs 3,973 crore in March. In January and February, they had sold equities worth Rs 78,027 crore and Rs 34,574 crore, respectively. (ANI)
Mint
11 hours ago
- Business
- Mint
Foreign investors infuse ₹1209 cr in Indian equities this week, net outflow in June stands at ₹4192 cr: NSDL
Mumbai (Maharashtra) [India], June 21 (ANI): Foreign investment in the Indian equity market remained positive during the week from June 16 to June 20, though the net inflows declined compared to the previous week, as per the latest data released by the National Securities Depository Limited (NSDL). According to the data, foreign investors made net inflows worth ₹ 1,209 crore in Indian equities this week. The inflows were largely supported by significant buying activity on Wednesday and Friday. Market experts attributed this trend to foreign participation in several block deals offered during the week, along with notable inflows on Friday due to the FTSE rebalancing. Siddhartha Khemka, Head Research, Wealth Management, Motilal Oswal Financial Services told ANI "FPI inflows this week has been driven by buying seen in several blocks offered during the week as well as large inflows on Friday due to FTSE rebalancing. Overall Indian economy stands strong driven by healthy economic growth multi year low inflation, rate cut by RBI as well as prospects of a above normal monsoon". Despite the positive movement this week, foreign portfolio investment (FPI) flows for the month of June so far continue to remain in the negative. As of June 20, the net outflows by foreign investors stood at ₹ 4,192 crore. However, this is an improvement from the previous week (ending June 13), when net outflows were higher at ₹ 5,402 crore. This reduction in outflows reflects some signs of stabilization in FPI sentiment. Khemka added that the recent inflows are being driven by India's strong economic fundamentals. These factors are collectively boosting investor confidence and encouraging selective foreign investment, even amid global uncertainties. Looking ahead, he suggested that both global and domestic factors will influence FPI trends in the coming week. Key global triggers include geopolitical developments, fluctuations in crude oil prices amid tensions in middle east, and the approaching deadline for the imposition of US reciprocal tariffs. On the domestic front, important drivers will be macroeconomic indicators, institutional buying support, and sector-specific triggers such as monsoon progress, consumption trends, and infrastructure push. These elements are expected to determine stock specific movements and FPI behaviour in the short term. Earlier in May, the net foreign portfolio investment (FPI) inflows remained in positive and stood at ₹ 19,860 crore, making May the best-performing month so far this year in terms of foreign investment. The previous months' data also showed that FPIs had sold stocks worth ₹ 3,973 crore in March. In January and February, they had sold equities worth ₹ 78,027 crore and ₹ 34,574 crore, respectively. (ANI)
Mint
a day ago
- Business
- Mint
PFC, HUDCO, IREDA, REC shares surge
New Delhi, Shares of financial institutions such as PFC and HUDCO surged on Friday after the Reserve Bank issued norms to provide a harmonised framework for financing of projects in infrastructure and non-infrastructure sectors by banks, NBFCs and other regulated entities. The stock of Power Finance Corporation surged 4.92 per cent, HUDCO soared 4.72 per cent, Indian Renewable Energy Development Agency jumped 4.03 per cent, REC rallied 2.96 per cent and Indian Railway Finance Corporation climbed 1.47 per cent on the BSE. "The rally was broad-based, with all sectoral indices ending in the green, led by financials after the RBI eased provisioning norms for project... effective October 2025. This is particularly positive for power financiers like PFC and REC, due to their large exposure to power sector projects," Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd, said. The Reserve Bank of India Directions, 2025 lay down the revised regulatory treatment upon change in the 'date of commencement of commercial operations' of such projects in the backdrop of a review of the extant instructions and analysis of the risks inherent in such financing. The RBI said the directions entail the adoption of a principle-based regime for resolution of stress in project finance exposures, harmonised across regulated entities . "In under-construction projects where the aggregate exposure of the lenders is up to ₹ 1,500 crore, no individual lender shall have an exposure which is less than 10 per cent of the aggregate exposure," the RBI said. For projects where aggregate exposure of all lenders is more than ₹ 1,500 crore, the exposure floor for an individual lender shall be 5 per cent or ₹ 150 crore, whichever is higher. Further, a lender shall ensure that all applicable approvals/clearances for implementing/constructing the project are obtained before financial closure. The Reserve Bank of India Directions, 2025 shall come into force with effect from October 1, 2025, the central bank said. "Final guidelines on project finance comes as a relief to the lenders..." A M Karthik, Senior Vice President & Co-Group Head, Financial Sector Ratings, ICRA Ltd, said on the RBI guidelines on project loans. This article was generated from an automated news agency feed without modifications to text.
The Print
13-06-2025
- Business
- The Print
Two days of mkt slump wipes out Rs 8.35 lakh cr investors' wealth
In two days, the benchmark has lost 1,396.54 points or 1.69 per cent. Falling for the second day in a row on Friday, the 30-share BSE Sensex dived 573.38 points or 0.70 per cent to settle at 81,118.60. During the morning trade, it tanked 1,337.39 points or 1.63 per cent to 80,354.59. New Delhi, Jun 13 (PTI) Equity investors become poorer by Rs 8.35 lakh crore in two days of market fall, where the benchmark Sensex dropped nearly 2 per cent amid heightened Middle East tensions, which drove Brent crude oil prices to sky-high levels. The market capitalisation of BSE-listed firms eroded by Rs 8,35,799.85 crore to Rs 4,47,21,343.34 crore (USD 5.19 trillion) in two days. 'Indian equities fell sharply, reacting to weak global cues and a surge in crude oil prices after Israel launched military strikes on Iran earlier today. The sharp rise in crude prices weighed on the Indian rupee and led to selling pressure in OMCs, paints, tyres and lubricant stocks,' Siddhartha Khemka, Head – Research, Wealth Management at Motilal Oswal Financial Services Ltd, said. Global oil benchmark Brent crude jumped 7.61 per cent to USD 74.64 a barrel. 'Indian equity markets endured a sharp sell-off on Friday, with the Nifty-50 and Sensex both off their intra-day lows but still closing with significant losses. The market faced pressure from geopolitical tensions in the Middle East, surging crude oil prices, and broad-based sectoral weakness,' Satish Chandra Aluri, Analyst at Lemonn Markets Desk, said. Among the Sensex firms, Adani Ports, ITC, State Bank of India, IndusInd Bank, HDFC Bank, Titan, Kotak Mahindra Bank and UltraTech Cement were the major laggards. On the other hand, Tech Mahindra, Tata Consultancy Services, Maruti and Sun Pharma were the gainers. The BSE midcap gauge declined 0.32 per cent and smallcap index dipped 0.30 per cent. Among BSE sectoral indices, services tumbled 2.06 per cent, bankex (1.01 per cent), FMCG (0.94 per cent), financial services (0.85 per cent), metal (0.81 per cent) and power (0.75 per cent). Healthcare index and realty were the only winners. As many as 2,469 stocks declined while 1,516 advanced and 137 remained unchanged on the BSE. PTI SUM SUM SHW This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
