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Global funds flee Indian stocks at record pace on growth fears
Global funds are exiting Indian equities at a record pace, driven by an energy shock from the US-Iran war and a lack of compelling AI-linked investment narratives. This sustained selling has pressured local shares, with over $600 billion wiped off their value from last year's peak, despite strong domestic inflows.
Foreign investors dump Indian equities at record pace on energy shock By Investing.com - Investing.com India
Foreign investors dump Indian equities at record pace on energy shock By Investing.comInvesting.com India
Global Funds Flee Indian Stocks at Record Pace on Growth Fears
Global funds are dumping Indian equities at a record clip as an energy shock from the US-Iran war threatens to derail the outlook of the world’s fastest-growing major economy.
Wall Street opens higher as inflation meets estimates; weekend Iran talks in focus
US stocks rise as March inflation meets forecasts despite energy surge, Iran ceasefire talks eyed, oil stays below 100, Indian Sensex and Nifty jump nearly 6 percent for week
INR settles lower amid lingering geopolitical uncertainties; RBI measures help retain support near 3-week high
The Indian rupee pared initial gains and settled for the day 24 paise lower at 92.76 (provisional) against the US dollar on Friday, weighed down by risks from rising global tensions, especially the US-Iran conflict. Rupee witnessed high volatility as the deadline for the RBI's instructions to banks to curb their overnight positions to USD 100 million closes on Friday amid heightened geopolitical uncertainty. At the interbank foreign exchange market, the rupee opened at 92.58 against the US dollar, then lost ground to touch an intra-day low of 92.76 against the greenback. It also hit the day's high of 92.41 during the session. Indian shares rallied on Friday in a broad market rally even as fresh Israeli strikes on Lebanon cast doubt over the durability of the fragile U.S.-Iran ceasefire. The Sensex closed at 77,550.25 and the Nifty 50 ended at 24,050.60.
Oil prices to settle at $75-80 in 2 months, Nifty to touch 29K by March 2027, says Emkay. Here’s why
Emkay Global Financial Services expects crude oil to stabilise at $75–80 within two months and sees the Nifty 50 hitting 29,000 by March 2027. A potential Iran–US peace deal, easing energy pressures and steady earnings growth are seen driving a rebound in Indian equities despite near-term macro headwinds.
Delta Exchange Unveils India's Most Cost-Effective Crypto Spot Trading
Mumbai (Maharashtra) [India], April 10: Delta Exchange, India's No. 1 Crypto Futures and Options (F & O) exchange, has launched Spot Trading for Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Ripple (XRP), making it India's most cost-effective platform for crypto investments. Buyers benefit from zero trading fees, while sellers are charged a minimal 0.1% fee. Furthermore, Delta Exchange offers superior liquidity across INR-settled trading pairs, including BTC-INR and ETH-INR, making it the leading choice for Indian traders.
Pre-market action: Here's the trade setup for today's session
Indian stock markets saw a dip on Thursday. Investors are watching developments in West Asia. Near-term support might come from easing tensions and stable oil prices. However, a sustained recovery depends on the US-Iran situation, energy prices, and liquidity. The India VIX, a fear gauge, increased. Foreign investors were net sellers.
Oil Trading Costs Have Surged Since Iran War Began
Intercontinental Exchange Inc. has significantly boosted the margins traders have to post for its Brent crude and European diesel futures contracts since start of the war in Iran, as surging volatility spiked energy prices.
'Rate action unlikely in FY27; if any, it could be a rise,' say economists
Indian markets expect a prolonged pause in policy rates. Economists foresee no immediate tightening as higher global energy prices have a limited impact. The Reserve Bank of India is likely to maintain rates through FY27. While most anticipate a pause, a rate hike is considered more probable than a cut if the Iran conflict persists and affects growth.
West Asia Conflict presents opportunity to accelerate structural reforms aimed at strengthening economic resilience
The Federation of Indian Chambers of Commerce and Industry (FICCI) has released a report titled 'West Asia Conflict: Implications for India and Imperatives for Industry and Government', highlighting the emerging economic risks from the ongoing geopolitical tensions in West Asia and outlining a roadmap for coordinated action by industry and government. The report provides a structured assessment of the evolving situation and its cascading impact on the Indian economy, spanning across energy, logistics as well as manufacturing supply chains.
INR settles lower as oil jumps amid uncertainty surrounding war developments
The Indian rupee depreciated 5 paise to close at 92.59 (provisional) against the US dollar on Thursday, as the situation in West Asia remains fragile, keeping investors wary of the opening of the Strait of Hormuz. Indian shares tumbled on Thursday as confusion prevailed over the U.S.-Iran truce terms. The U.S. dollar index consolidated above the 99.00 level and oil prices were up more than 3 percent as Iran halted the passage of oil tankers through the Strait of Hormuz after accusing the United States of violating three clauses of the 10-Point Proposal. The BSE Sensex plummeted 931.25 points or 1.20% to settle at 76,631.65, while the NSE Nifty 50 fell 222.25 points or 0.93% to close at 23,775.10. At the interbank foreign exchange market, the rupee opened at 92.63 against the US dollar, then lost ground to touch an intraday low of 92.92 against the greenback. It also hit the day's high of 92.53 during the session.