Foreign Portfolio Investors (FPIs) continued their buying spree and poured close to Rs 4,800 crore in the Indian equity markets in the first week of January driven by confidence in the country's robust economic fundamentals. Additionally, they injected Rs 4,000 crore in the debt market during the period under review, data with the depositories showed. With expectations of a prolonged decline in US interest rates in 2024, there is an anticipation that FPIs will likely escalate their purchase, particularly in the initial months of the New Year leading up to the general elections, V K Vijayakumar, chief investment strategist at Geojit Financial Services, said.
Foreign investors made a significant turnaround and injected over Rs 1,500 crore into Indian equities in February, reversing the massive outflows seen in the preceding month, primarily due to robust corporate earnings and positive economic growth. Additionally, Foreign Portfolio Investors (FPIs) continued to be bullish on the debt markets as they put in over Rs 22,419 crore during the month under review, data with the depositories showed. Looking ahead to March, the outlook for FPI flow appears promising, provided the current economic trajectory and corporate performance sustain their positive momentum, potentially continuing to attract foreign investment into Indian equities, Mayank Mehraa, smallcase manager and principal partner at Craving Alpha, said.
Gujarat Giants will be wary of Royal Challengers Bengaluru's newfound firepower in the middle-order when the teams clash in the Indian Premier League in Ahmedabad on Sunday.
From a maths perspective, Royal Challengers Bengaluru and Gujarat Titans can still reach the IPL playoffs, but they need to ward off inner gremlins on Saturday to notch a mandatory win to keep that dream flickering.
Royal Challengers Bengaluru's IPL campaign that began with optimism has melted into chaos. Their bowlers require a drastic transformation in mindset against Sunrisers Hyderabad for them to register an elusive win in Bengaluru on Monday.
Vidarbha took command of their Ranji Trophy semi-final against Madhya Pradesh with the key wicket of Yash Dubey (94) late on Day 4.
Tushar Deshpande and Shardul Thakur starred with the ball to put Mumbai on top following a meek display from Tamil Nadu on the opening day of their Ranji Trophy semi-final.
Kohli has not played competitive cricket in almost two months after opting out of the recently-concluded Test series against England at home
The Bengaluru outfit will hope for a reversal at the Sawai Man Singh Stadium, a venue that carries similar traits as RCB's home -- Chinnaswamy Stadium -- in terms of a smooth pitch and a blistering outfield adding value to the batters' shots.
Pushed into a tight corner, Royal Challengers Bengaluru rose above their frailties to notch four wins on the trot and stay alive in the race to play-offs. However, a volatile Delhi Capitals offer them a different challenge in their penultimate IPL league match in Bengaluru on Sunday.
The KKR think-tank might not be unduly worried as their campaign is still at a nascent stage, but they would like to see the first-choice pacer and spinner finding their range at the earliest.
Desperate Royal Challengers Bengaluru will be under tremendous pressure to get their act together against an equally struggling Mumbai Indians when the two teams face-off in an Indian Premier League match in Mumbai on Thursday.
Royal Challengers Bengaluru's IPL 2024 campaign is just one-match old, but it has already exposed their biggest chink. It's fragility in bowling, and they need better returns from bowlers against a confident Punjab Kings at an unforgiving M Chinnaswamy Stadium, in Bengaluru, on Monday.
With five consecutive defeats, bottom-placed RCB have the daunting task of winning their remaining seven games to keep their play-off prospects alive.
The cause of the fire, which broke out around 5:30 pm, was not known immediately. Plumes of black smoke were seen billowing out from the coaches.
Three senior executives have resigned from Byju's at a time when the most valuable edtech company has been trying to address challenges such as due diligence issues, legal battles with lenders, challenges in raising fresh capital, and a markdown in its valuation by investors. Prathyusha Agarwal, the chief business officer of Byju's, has quit, according to sources. They said Himanshu Bajaj, business head of Byju's tuition centres, and Mukut Deepak, business head for Class 4 to 10, have also moved on.
An inconsistent Royal Challengers Bengaluru would be eager to hit the turnaround button when they host Lucknow Super Giants, who will keep an eye on regular skipper KL Rahul's fitness, in the IPL in Bengaluru on Tuesday
Virat Kohli enhanced his status as a lone ranger by notching up a record-extending eighth IPL century but Royal Challengers could only manage just about par-score of 183 for 3 against Rajasthan Royals in Jaipur on Saturday.
The Ajinkya Rahane-led West Zone were 268 for five when the match ended
Vidarbha opener Atharva Taide struck his third first-class century and his second of the ongoing Ranji Trophy season
Once again, RCB are looking on course to finish without a trophy after losing six out of their first seven games.
A round-up of the Ranji Trophy quarter-final matches played on Sunday.
Shardul Thakur and Tanush Kotian claimed two wickets each to put Mumbai on course for victory against Tamil Nadu.
Foreign Portfolio Investors (FPIs) selling spree continued as they dumped Indian equity worth over Rs 5,800 crore this month so far on rising interest rates and geopolitical tensions in the Middle East. This came after such investors withdrew Rs 24,548 crore in October and Rs 14,767 crore in September, data with the depositories showed. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period.
The Pushkar Camel Fair also known as the Pushkar Mela begins on Thursday, November 11, and will culminate on Friday next, November 19.
Tamil Nadu lead Railways by 363 runs courtesy Jagadeesan double hundred
In a remarkable comeback, foreign portfolio investors (FPIs) have pumped Rs 1.7 lakh crore into the Indian equity markets in 2023, propelled by confidence in the country's robust economic fundamentals amid a challenging global landscape. The year 2023 has witnessed massive investment by FPIs, thanks to the sharp uptick in inflows of Rs 66,134 crore in December. Going forward, FPI flows are expected to be robust.
Foreign Portfolio Investors' (FPIs) selling spree continues as they pulled out over Rs 3,400 crore from the Indian equity markets in the first three trading sessions of November on rising interest rates and geopolitical tensions in the Middle East. This came after such investors withdrew Rs 24,548 crore in October and Rs 14,767 crore in September, data with the depositories showed. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period.
Walking, cycling and even skating! Covering long distances amid bone-chilling cold, people from all over the country and cutting across religions are flocking to the temple town of Ayodhya ahead of the consecration ceremony on January 22.
Khichdi needs a lot more masala, observes Deepa Gahlot.
Mayank Agarwal played a captain's knock of 109, as his side took a 64-run lead on Day 2
Veteran batter Cheteshwar Pujara slammed his second hundred of the ongoing Ranji Trophy season, guiding Saurashtra to a comfortable 242 for four against Rajasthan on the opening day of their Group A match, in Jaipur on Friday.
The bus had gone to Delhi and was plying on the wrong side of the expressway after refilling CNG near Ghazipur border.
As a festive spirit prevailed in Ayodhya, there was an emotional outpouring among residents of the holy city as the consecration of the new idol of Ram Lalla was held on Monday and said they indeed feel they are living in a divya (divine) Ayodhya, navya (new) Ayodhya and bhavya (grand) Ayodhya.
Foreign Portfolio Investors (FPIs) have pulled out over Rs 10,000 crore from Indian equities in the first three weeks of September, primarily due to rising US interest rates, recessionary fears, and overvalued domestic stocks. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period. Mayank Mehra, smallcase, manager and principal partner at Craving Alpha,believes that strong economic growth prospects, attractive valuations, and government reforms could support foreign investment flows in the next month.
Hardik Pandya has quit Gujarat Titans to rejoin his former team Mumbai Indians, following a trade between the two franchises.
The stock of fast-moving consumer goods major Tata Consumer Products has been reaching new all-time highs on better-than-expected results for the July-September quarter (second quarter, or Q2), strong growth in the food business, and margin gains in the beverage/international business. Most brokerages are positive on the stock, given growth prospects, and believe that rich valuations are justified. The near-term trigger has been the robust operational performance in Q2.
Dharmendrasinh Jadeja took 7/32 as Saurashtra thrashed Rajasthan by 218 runs.
Roundup of Ranji Trophy matched played on Sunday
