Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Nifty trades below 23,600 level as intense selling continues on domestic bourses
The domestic equity barometers extended losses in early afternoon trade as rupee weakness, sustained foreign fund outflows, elevated crude oil prices, and renewed concerns over the fragile U.S.-Iran ceasefire weighed on investor sentiment. The Nifty continued to trade below the 23,600 level. Oil & gas shares witnessed some bit of value buying at lower levels.
Equity MFs inflow dips 5% in April; SIP contributions fall to ₹31,115 cr
Equity-oriented mutual fund schemes garnered a net inflow of Rs 38,440 crore in April, marking a 5 per cent decline from the preceding month, amid geopolitical tensions in the Middle East, fluctuating crude oil prices, and concerns about global growth. Moreover, monthly contributions through SIPs (Systematic Investment Plans) declined to Rs 31,115 crore last month from Rs 32,087 crore in March,according to data released by industry body Amfi on Monday. Overall, the industry recorded a net infusion of Rs 3.22 lakh crore in April after witnessing an outflow of Rs 2.4 lakh crore in March. This was contributed by a huge inflow of Rs 2.5 lakh crore in the debt funds. The inflow has lifted the industry's assets under management by 11 per cent to Rs 81.92 lakh crore at the end of April, up from Rs 73.73 lakh crore at the end of March. This was driven by strong positive flows across segments and market to market gains witnessed during the month, said Venkat Chalasani, Chief Executive at ...
Baroda BNP Paribas MF sees easing crude boosting rate-sensitive stocks, chemicals
Baroda BNP Paribas Mutual Fund Senior Fund Manager Jitendra Sriram said softer crude prices could improve sentiment for India and support interest rate-sensitive sectors. He believes refining, oil marketing and select specialty chemical companies may benefit if West Asia tensions ease. Sriram also cautioned that higher raw material and logistics costs may pressure corporate earnings over the next few quarters despite resilient recent results. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Ruchit Jain of Motilal Oswal suggests Granules India, Nippon Life, and SRF shares to buy for the short term
The Nifty 50 and Sensex increased on May 6, supported by a government credit guarantee scheme for businesses. Investor sentiment improved due to positive earnings reports and falling oil prices, suggesting resilience in markets despite recent challenges.
Earnings Boom: 10 stocks with over 100% profit growth in Q4FY26
Several Nifty 500 companies reported over 100% year-on-year net profit growth in Q4FY26, reflecting strong earnings momentum. Firms like Eternal, India Cements, Kajaria Ceramics, and Chennai Petroleum led gains, showcasing improved profitability across sectors including finance, banking, and manufacturing.
Nifty 50 slips below 24,000: What are the key levels to watch for next week?
On April 30, Indian stock indices fell nearly 1% due to rising crude oil prices and foreign fund exits. The Nifty 50 and Sensex closed at 23,997.55 and 76,913.50, respectively. Despite this, both indices showed weekly gains, breaking previous losing streaks.
Benchmarks slide as crude climbs, Sensex sheds 583 pts, Nifty below 24K
Equity benchmark indices tumbled on Thursday as surging crude oil prices, weak Asian cues and relentless foreign fund outflows battered investor sentiment. The Nifty slipped below the 24,000 mark, weighed down by banking stocks. Most sectoral indices ended in the red, with the Nifty IT index bucking the trend. Brent crude climbed to around $120 per barrel amid rising fears of supply disruptions linked to potential curbs on Irans ports, fuelling inflation concerns in India. Global markets offered little support, pressured by elevated energy prices and uncertainty over the Federal Reserves policy stance. Meanwhile, a sharp slide in the rupee to a record low added to the strain on domestic equities.
Sensex dives 850 pts, Nifty slips below 24,200 amid oil shock and weak global cues
The equity benchmark indices Sensex and Nifty tumbled on Thursday, extending losses for a second straight session. Firm crude oil prices and ongoing geopolitical tensions rattled sentiment. Brent crude surged for the fourth consecutive day to around $103 per barrel amid uncertainty over US-Iran talks and fresh concerns around the Strait of Hormuz. Weak Asian cues and persistent foreign fund outflows deepened the sell-off. The Nifty slipped below the 24,200 mark, dragged by auto, PSU banks and consumer durables stocks, while pharma and healthcare shares saw selective buying. Investors stayed cautious, closely tracking the ongoing Q4 earnings season for further triggers.
Quant MF finds value in insurance, wealth after correction; avoids oil plays
Sandeep Tandon, Founder & CIO of Quant Mutual Fund, expects Indian equities to see consolidation in the near term before resuming an upward move, with a shift toward stock-specific opportunities.
PPFAS Portfolio Churn: Rajeev Thakkar-led fund house laps up large-cap banks, sells these two RIL group stocks in March
PPFAS Mutual Fund increased its holdings in HDFC Bank amid market volatility, while offloading Reliance Group stocks worth ₹730 crore. Check key portfolio changes in March.
Correction in NBFCs, IT and realty offers entry as earnings stay steady: Anupam Tiwari
Anupam Tiwari, Head of Equity at Groww Mutual Fund, expects a strong current quarter with limited impact from oil shocks so far, but flags risks from the next quarter onward. He remains positive on premium consumption, NBFCs, manufacturing exports and capex, while adding IT and premium real estate after corrections. He believes market fears may be overstated, with much of the downside already priced in.
Coal India's arm CMPDIL raises ₹470 cr via anchor investors ahead of IPO
Central Mine Planning and Design Institute (CMPDIL), an arm of state-owned Coal India, on Wednesday said it has mobilised Rs 470 crore from anchor investors, ahead of its initial share-sale opening for public subscription. Life Insurance Corporation (LIC), Nippon India Mutual Fund (MF), Edelweiss MF, ICICI Prudential MF, Baring Private Equity India Fund, General Insurance Corporation of India and Edelweiss Life Insurance Corporation are among the anchor investors, according to a circular uploaded on BSE's website. Also, Societe Generale, Citigroup, Goldman Sachs and BNP Paribas Financial Markets participated in the anchor round. As per the circular, the state-owned firm allotted 2.73 crore equity shares to 22 funds at Rs 172 per piece, aggregating the transaction size to Rs 469.74 crore. Of these funds, LIC has been allocated shares to the tune of Rs 105 crore. CMPDIL's Rs 1,842-crore initial public offering (IPO) will open for subscription on March 20 and conclude on March 24. T