TCS Share Price Live Updates: TCS ends the day at Rs 3441.1
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
5 hours ago
- Time of India
FII flows turn negative in July amid caution over trade talks, earnings outlook
Foreign institutional investors (FIIs), who had been net buyers in May and June, have turned sellers in the first week of July, reflecting a cautious sentiment amid global uncertainty and stretched valuations in the Indian market. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Markets pause after strong run Foreign institutional investors (FIIs), who had been net buyers in May and June, have turned sellers in the first week of July, reflecting a cautious sentiment amid global uncertainty and stretched valuations in the Indian to Dr. V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services , the strong FII buying trend that picked up in May has weakened. "FIIs were buyers to the tune of Rs 18,082 crore and Rs 8,466 crore in May and June, respectively. But early July FII activity indicates selling. In the first four days of July, FIIs were sellers every day, with a cumulative sell figure of Rs 5,772 crore," he the latter half of June, FIIs had shown buying interest in financials, autos, auto components, and oil & gas, while booking profits in capital goods and power. "There is a trend of profit booking in segments that have done well recently," Vijayakumar added that the return of FII inflows would depend on two key factors: progress in India–U.S. trade talks and earnings growth in the upcoming Q1FY26 results. 'If a trade deal happens between India and the U.S., that will be positive for markets and FII flows. Similarly, any signs of an earnings recovery in Q1 could provide further support,' he said. However, any setback on either front may weigh on sentiment and dampen FII Read: TCS, HCLTech among 10 stocks that have paid dividends over 40 times since 2011 After rallying over 15% between March and June, Indian equities have taken a breather in July. In the first four trading sessions of the month, the Sensex and Nifty declined marginally by around 0.2%, as stretched valuations and global cues prompted investors to adopt a wait-and-watch focus remains on the outcome of trade discussions, with U.S. President Donald Trump's July 9 deadline for reciprocal tariffs approaching fast. Investors are also awaiting cues from the earnings season, which begins next Friday, benchmark indices edged higher, aided by a rebound in IT and financial stocks. The Nifty 50 rose 0.22% to close at 25,461, while the BSE Sensex added 0.23% to end at 83,432.89. Despite the day's gains, both indices posted weekly sectors, seven of the 13 major indices ended lower for the week. Financials fell 1.75%, pulling back from record highs. However, small-cap and mid-cap indices posted weekly gains of 0.3% and 0.5%, respectively, supported by steady domestic inflows, a stable monsoon outlook, and expectations of stronger Q1 earnings on a low said valuation concerns and broad-based profit-taking kept investors on the sidelines through much of the week. With global developments and corporate earnings set to unfold in the coming days, the near-term trajectory for FII flows and market direction will likely hinge on incoming Read: 10 Nifty smallcap stocks analysts expect to rally up to 72% (Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Economic Times
6 hours ago
- Economic Times
FII flows turn negative in July amid caution over trade talks, earnings outlook
Foreign institutional investors (FIIs), who had been net buyers in May and June, have turned sellers in the first week of July, reflecting a cautious sentiment amid global uncertainty and stretched valuations in the Indian market. ADVERTISEMENT According to Dr. V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services, the strong FII buying trend that picked up in May has weakened. "FIIs were buyers to the tune of Rs 18,082 crore and Rs 8,466 crore in May and June, respectively. But early July FII activity indicates selling. In the first four days of July, FIIs were sellers every day, with a cumulative sell figure of Rs 5,772 crore," he said. In the latter half of June, FIIs had shown buying interest in financials, autos, auto components, and oil & gas, while booking profits in capital goods and power. "There is a trend of profit booking in segments that have done well recently," Vijayakumar noted. He added that the return of FII inflows would depend on two key factors: progress in India–U.S. trade talks and earnings growth in the upcoming Q1FY26 results. 'If a trade deal happens between India and the U.S., that will be positive for markets and FII flows. Similarly, any signs of an earnings recovery in Q1 could provide further support,' he said. However, any setback on either front may weigh on sentiment and dampen FII interest. Also Read: TCS, HCLTech among 10 stocks that have paid dividends over 40 times since 2011 After rallying over 15% between March and June, Indian equities have taken a breather in July. In the first four trading sessions of the month, the Sensex and Nifty declined marginally by around 0.2%, as stretched valuations and global cues prompted investors to adopt a wait-and-watch approach. ADVERTISEMENT The focus remains on the outcome of trade discussions, with U.S. President Donald Trump's July 9 deadline for reciprocal tariffs approaching fast. Investors are also awaiting cues from the earnings season, which begins next Friday, benchmark indices edged higher, aided by a rebound in IT and financial stocks. The Nifty 50 rose 0.22% to close at 25,461, while the BSE Sensex added 0.23% to end at 83,432.89. Despite the day's gains, both indices posted weekly losses. ADVERTISEMENT Among sectors, seven of the 13 major indices ended lower for the week. Financials fell 1.75%, pulling back from record highs. However, small-cap and mid-cap indices posted weekly gains of 0.3% and 0.5%, respectively, supported by steady domestic inflows, a stable monsoon outlook, and expectations of stronger Q1 earnings on a low base. Analysts said valuation concerns and broad-based profit-taking kept investors on the sidelines through much of the week. With global developments and corporate earnings set to unfold in the coming days, the near-term trajectory for FII flows and market direction will likely hinge on incoming signals. ADVERTISEMENT Also Read: 10 Nifty smallcap stocks analysts expect to rally up to 72% (Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
&w=3840&q=100)
Business Standard
9 hours ago
- Business Standard
US-India trade talks, TCS earnings likely to drive markets this week
Equity investors are up for an eventful trading week ahead as the 90-day suspension period of the reciprocal tariffs announced by US President Donald Trump ends on July 9, analysts said, adding that a positive outcome from the trade negotiations could further lift market sentiment, particularly benefiting trade-sensitive sectors. Besides, Q1 earnings from IT major TCS and foreign fund movement would also dictate sentiment at the Dalal Street, experts said. July 9 marks the end of the 90-day suspension period of the Trump tariffs imposed on dozens of countries, including India. An additional import duty of 26 per cent was announced on Indian goods entering the US. "This week holds significant importance not only for Indian markets but for global equities as well. The most anticipated event is the outcome of the US trade (tariff) deadline on July 9, which could shape global trade dynamics. Investors will also closely monitor the release of the US FOMC (Federal Open Market Committee) minutes on the same day," Ajit Mishra SVP, Research, Religare Broking Ltd, said. Domestically, the spotlight will shift to corporate earnings, with IT major TCS and retail giant Avenue Supermarts among the prominent companies scheduled to report their quarterly results, setting the tone for the Q1 earnings season, he added. Movement in global oil benchmark Brent crude and the rupee-dollar trend would also be monitored by investors this week. "A positive outcome from the US-India trade negotiations could further lift market sentiment, particularly benefiting trade-sensitive sectors like IT, pharma, and auto. Considering the broader indices currently trading at elevated levels, the market participants will closely watch for signs of earnings catch-up from upcoming Q1starting this week," Vinod Nair, Head of Research, Geojit Investments Limited, said. Last week, the BSE benchmark Sensex dropped 626.01 points or 0.74 per cent, and the NSE Nifty declined 176.8 points or 0.68 per cent. "Overall, we expect the market to remain in consolidation mode, awaiting clarity on the India-US trade deal; while stock specific action would continue on the back of Q1 FY26 business updates ahead of the earnings season starting this week," Siddhartha Khemka, Head - Research, Wealth Management, Motilal Oswal Financial Services Ltd, said. On foreign fund flows, V K Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said, "Resumption of FII (Foreign Institutional Investors) buying will hinge on two things: One, if a trade deal happens between India and US that will be positive for markets and FII flows; two, Q1 FY26 result indications. If the results indicate earnings recovery, that will be positive. Disappointment on these factors can impact the market and, thereby, FII flows.
