Karnataka's Sigandur bridge to be unveiled on July 14, Union ministers Gadkari, Joshi to attend event
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Time of India
35 minutes 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)
Time of India
36 minutes ago
- Time of India
Union Health Minister JP Nadda, Delhi CM Rekha Gupta flag off Ayushman Bharat registration vans in New Delhi
Union Minister of Health and Family Welfare JP Nadda and Delhi Chief Minister Rekha Gupta flagged off Ayushman Bharat registration vans in Vigyan Bhavan in New Delhi on Sunday. Addressing the event, the BJP chief slammed the Aam Aadmi Party (AAP) for not using Rs 1700 crore under the Ayushman Bharat Scheme for public welfare. He said, "Under PM-Ayushman Bharat Health Infrastructure Mission, we had given Rs 1700 crore to Delhi between 2021 to February 2025, but not one penny was spent, and now the responsibility of the expenditure of this fund for the public welfare has fallen on the shoulders of (Delhi CM) Rekha ji." — ANI (@ANI) Continuing his attack against AAP, he added, "We were ready to quench Delhi's thirst with water, but you kept the vessel upside down, so what could be done? On February 20, you turned up the vessel, so you got Ayushman Bharat. Prime Minister Narendra Modi was ready to provide Rs 5 lakh for the poor's healthcare since September 2, 2017. Their pride came in between. They did injustice to the poor." Live Events Lauding Ayushman Arogya Mandir , Nadda targeted Aam Aadmi Mohalla Clinic and called AAP shortsighted. "A wise man is farsighted and thinks of Ayushman Arogya Mandir, and shortsighted ones bring Mohalla Clinics. From the time a mother conceives a child to the time the child turns two, Ayushman Arogya Mandir takes care of all the vaccinations. India is playing a lead role in reproductive and child health care," JP Nadda said. Last month, on June 17, Delhi Chief Minister Rekha Gupta and Ministers Parvesh Verma and Manjinder Singh Sirsa inaugurated Ayushman Arogya Mandirs in the national capital. After the inauguration, Manjinder Singh Sirsa informed that 33 Ayushman Aarogya Mandirs were inaugurated with excellent infrastructure and facilities. "A total of 33 Arogya Mandirs have been inaugurated today, and they have excellent infrastructure", Manjinder Singh Sirsa said. Meanwhile on May 18, in a major boost to healthcare under the Pradhan Mantri Vay Vandana Yojana , Delhi Minister Ashish Sood distributed Ayushman Bharat cards to senior citizens aged 70 and above in Janakpuri, West Delhi.
New Indian Express
37 minutes ago
- New Indian Express
Odisha's infrastructure plans in eco-zones to be reviewed by CEC
BHUBANESWAR: Odisha government's plans for tourism and infrastructure projects in sensitive zones of critical protected areas (PAs) of the state have drawn the notice of the Supreme Court-appointed Central Empowered Committee (CEC). The panel has now called for a meeting and asked chief secretary Manoj Ahuja to discuss crucial tourism and bridge infrastructure projects as well as the matter pertaining to eco sensitive zone (ESZ) finalisation. The meeting is scheduled on July 17 at New Delhi. Sources said issues of governance and execution model for tourism infrastructure which have a bearing on sanctuaries, national parks, tiger reserve areas and Ramsar sites will be taken up by the CEC. Similarly, tourism projects requiring forest and ESZ clearances and stake of the Tourism department in ESZ finalisation will also be discussed. The SC-constituted panel has also asked the principal chief conservator of forests (general), PCCF (wildlife) and Secretary, Tourism department to be take part in the meeting which will specifically discuss two critical infrastructure projects in the state. One of the contentious projects is the proposed construction of a two-lane national highway over Chilika lagoon by the National Highways Authority of India. The 7.740 km project, estimated at a cost of around Rs 526.08 crore, had prompted the expert appraisal committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEFCC) to seek a cost-benefit analysis from the state government.
