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Economic Times
01-07-2025
- Business
- Economic Times
July to bring positive returns for Nifty indices amid easing geopolitical tensions
Historically, July has been a positive month for Indian equities, with Nifty 50 and Nifty 500 gaining in nine of the last ten years. Analysts anticipate a similar trend this July, potentially driven by easing geopolitical tensions, a normal monsoon, and strong global seasonality. Positive factors like domestic institutional buying and better earnings expectations could further fuel market momentum. Tired of too many ads? Remove Ads Mumbai: July may turn out to be the fifth consecutive month for benchmark indices to earn a positive return going by the historical trend. Data on monthly returns of indices over the past decade shows that Nifty 50 and Nifty 500 have gained in July on nine out of 10 instances. Additionally, analysts expect the benchmarks to move up this July as well and Nifty 50 may be on track to scale a new peak amid tapering geopolitical tensions and possibility of a normal to the data from Motilal Oswal Financial Services , the Nifty 50 on an average has moved up 3.6% and Nifty 500 index is up 3.8% in the month of July between 2015 and global indices have shown strong seasonality trends, as US benchmarks S&P 500 and Dow Jones have ended higher in July in each of the 10 years since 2015."July is one of the most consistent and profitable months on a seasonal basis, and stands out as the best-performing month in the entire calendar year,"said Chandan Taparia, head of technical and derivatives research at Motilal Oswal Financial Services. Taparia said currently, easing out in global tensions, stability in crude price, sustained buying from domestic institutions, sustained SIP Flow, short covering from foreign investors, better monsoon and expectation of better quarterly earnings are the reasons which could fuel the momentum on the to Sriram Velayudhan, senior vice president, IIFL Capital Services , July has been a positive month for Indian equity markets , driven by the monsoon trigger which boosts sentiment. "Additionally, global seasonality trends in July also remain strong, which has a rub-off effect on Indian equities."
Time of India
01-07-2025
- Business
- Time of India
July to bring positive returns for Nifty indices amid easing geopolitical tensions
Agencies Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Mumbai: July may turn out to be the fifth consecutive month for benchmark indices to earn a positive return going by the historical trend. Data on monthly returns of indices over the past decade shows that Nifty 50 and Nifty 500 have gained in July on nine out of 10 instances. Additionally, analysts expect the benchmarks to move up this July as well and Nifty 50 may be on track to scale a new peak amid tapering geopolitical tensions and possibility of a normal to the data from Motilal Oswal Financial Services , the Nifty 50 on an average has moved up 3.6% and Nifty 500 index is up 3.8% in the month of July between 2015 and global indices have shown strong seasonality trends, as US benchmarks S&P 500 and Dow Jones have ended higher in July in each of the 10 years since 2015."July is one of the most consistent and profitable months on a seasonal basis, and stands out as the best-performing month in the entire calendar year,"said Chandan Taparia, head of technical and derivatives research at Motilal Oswal Financial Services. Taparia said currently, easing out in global tensions, stability in crude price, sustained buying from domestic institutions, sustained SIP Flow, short covering from foreign investors, better monsoon and expectation of better quarterly earnings are the reasons which could fuel the momentum on the to Sriram Velayudhan, senior vice president, IIFL Capital Services , July has been a positive month for Indian equity markets , driven by the monsoon trigger which boosts sentiment. "Additionally, global seasonality trends in July also remain strong, which has a rub-off effect on Indian equities."
Mint
28-06-2025
- Business
- Mint
Bulls take the wheel as Nifty eyes lifetime high after breaking free
Mumbai: The Nifty 50 appears firmly on track to challenge its record high from last September after breaking out on Thursday from a one-and-a-half-month range-bound activity. Supported by bullish rollover signals from the June derivatives expiry, the index has turned former resistance into fresh support, even as foreign investors continue to pare equity holdings while domestic institutions keep pouring in funds. On Thursday, the bellwether index rose 1.2% to 25,549 on the expiry of the June series of derivatives, decisively breaching the 24,500-25,200 range that it had been stuck in since mid-May. Marketwide futures and options contracts expire on the last Thursday of every month. The Nifty 50 consolidated its gains further on Friday to close up 0.35% at 25,637.8, placing it just 2.5% away from its record high of 26,277.35 on 27 September last year. Rival benchmark BSE Sensex mirrored the trend, rising 1.2% to 83,755.57 on Thursday, and another two-fifths of a percent to 84,058.9 on Friday, ending just 2.28% shy of its record high of 85,978.25 on 27 September. The rollover data, which pertains to the NSE derivatives, showed that 80% of Nifty futures contracts were carried forward to the July series, up from the three-month average of 78%, per data from IIFL Capital Services. 'After close to one and half months of consolidation, Nifty is breaking out of an expanding triangle (bullish continuation pattern). We believe this opens space for the index to move towards its previous highs (26,200 levels)," read the IIFL Capital Services rollover report, further noting that the previous resistance of 25,200 had now become a strong support. This indicates an up-trending market, according to Kruti Shah, quant analyst at Equirus Securities. 'The Nifty has set its sights on its all-time highs with the decisive breaking of the 25,200 resistance," Shah said. The Nifty is expected to veer between a support and resistance of 25,380 and 25,920 next week, per options data. The bias for now is toward the upper end of the range, added Shah. The market rally has been driven by domestic inflows, especially from mutual funds, pension and insurance funds, even as foreign investors have remained net sellers. While foreign portfolio investors (FPIs) sold shares worth $10.7 billion from January 2025 through 20 June, domestic institutional investors or DIIs pumped in almost $40 billion over the same period, per Nitin Jain, CEO & CIO of Kotak Mahindra Asset Management (Singapore). Interestingly, while mutual funds accounted for 68% of the DII net inflows at $27 billion, the share of other domestic institutions like insurance and pension funds stood at $13 billion, which is higher than the $11 billion they invested in the whole of calendar year 2024.
Business Standard
29-04-2025
- Business
- Business Standard
IIFL Capital Services consolidated net profit declines 28.87% in the March 2025 quarter
Sales decline 21.75% to Rs 537.14 crore Net profit of IIFL Capital Services declined 28.87% to Rs 127.95 crore in the quarter ended March 2025 as against Rs 179.87 crore during the previous quarter ended March 2024. Sales declined 21.75% to Rs 537.14 crore in the quarter ended March 2025 as against Rs 686.43 crore during the previous quarter ended March 2024. For the full year,net profit rose 39.04% to Rs 712.34 crore in the year ended March 2025 as against Rs 512.34 crore during the previous year ended March 2024. Sales rose 11.28% to Rs 2405.02 crore in the year ended March 2025 as against Rs 2161.28 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 537.14686.43 -22 2405.022161.28 11 OPM % 34.6249.08 - 41.4640.46 - PBDT 179.07300.86 -40 979.47796.38 23 PBT 163.28237.44 -31 924.59682.60 35 NP 127.95179.87 -29 712.34512.34 39
