Latest news with #SaiAravindhMumbai
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Business Standard
02-07-2025
- Business
- Business Standard
Leverage trades via MTF gather steam as market momentum picks up pace
The rise in the usage of the margin trading facility comes as the Nifty index soared over 17 per cent from its April lows Sai Aravindh Mumbai Listen to This Article Market participants have ramped up leveraged bets, or trading done via a margin trading facility (MTF), as benchmark indices are back to hovering close to record levels. The total outstanding margin facility availed by traders has risen 6.1 per cent in June-end to a record ₹83,951 crore, according to data from the National Stock Exchange compiled by Business Standard. On a quarterly basis, the three-month period ending June saw a 23.3 per cent rise in margin loans against a decline of 17.6 per cent in the March quarter. MTF enables traders to purchase securities by paying only a portion of
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Business Standard
30-06-2025
- Business
- Business Standard
What could move stock markets in H2 2025? Check outlook, Nifty Dec target
Analysts expect Nifty to rise up to 6 per cent in six months, with intermittent corrections likely due to global factors Sai Aravindh Mumbai Listen to This Article With Dalal Street preparing to end the first half of calendar year 2025 near record highs, analysts believe the strong momentum in equities may continue in the second half as well as strong macroeconomic tailwinds could overshadow global risks. At the headline level, they anticipate the benchmark Nifty index to rise up to 6 per cent from the current levels over the next six months amid intermittent bouts of correction triggered mostly by global (tariff, oil prices, geopolitics) events. Domestic triggers for the markets, according to G Chokkalingam, founder and chief investment officer at Equinomics Research, would include strong economic
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Business Standard
25-06-2025
- Business
- Business Standard
DIIs pour record ₹3.5 trillion into Indian equities in H1 CY25
The benchmark Nifty50 index has risen by 5.92 per cent, while the 30-stock Sensex has advanced 5.01 per cent, so far in H1-CY25 Sai Aravindh Mumbai Listen to This Article Despite market turbulence from geopolitical tensions and global trade woes, domestic institutional investors (DIIs) have shown resilience, pouring a record ₹3.5 trillion into Indian equities in the first half of calendar year 2025 (H1-CY25). The strong domestic flows continued to cushion the markets, as money from foreign institutional investors (FIIs) remained volatile when risk-off sentiment deepened. FIIs sold stocks totalling ₹1.3 trillion in the first six months, the worst selloff since 2022, data shows. DIIs, according to Anirudh Garg, Partner and Fund Manager at INVasset PMS, have remained remarkably steady in their equity allocations, and this stems primarily
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Business Standard
20-06-2025
- Business
- Business Standard
Trent, BEL to see $700 million inflows on Sensex rejig; VMM tops FTSE flows
Trent and BEL's entry into the BSE Sensex may drive $708 million in passive inflows, while Nestle and IndusInd Bank face outflows following their exclusion, per Nuvama estimates Sai Aravindh Mumbai The inclusion of Tata Group-owned Trent Ltd and Bharat Electronics Ltd (BEL) in the benchmark 30-stock BSE Sensex index will likely result in an inflow of $708 million. Trent is expected to see an inflow of $330 million, while the aerospace and defence electronics company BEL could see $378 million in inflows, according to Nuvama Alternative estimates. However, Nestle and IndusInd Bank are likely to see outflows of $230 million and $145 million, given that they were excluded from the Sensex gauge in the latest index rebalancing. Friday promises to be an action-packed day with two major semi-annual index rebalances lined up, Sensex and FTSE, Nuvama said in a note. "Historically, Sensex inclusions tend to see intraday upmoves, supported by stronger volumes, and a similar trend could play out this time as well." Catch Stock Market LIVE Updates Today During the day, the Sensex index rose as much as 1.01 per cent, or 824.5 points, to 82,186, while the Nifty50 index rose 1 per cent, or 247 points, to 25,040. Further, UltraTech Cement is expected to see an inflow of $4 million after its weights were increased, while HDFC Bank, Bharti Airtel, Reliance Industries, ICICI Bank, Infosys, Sun Pharmaceuticals, Larsen & Toubro, ITC, TCS, Axis Bank, Kotak Mahindra Bank and State Bank of India are likely to see outflows after their weights were reduced. These changes will take effect from the start of trading on June 23, 2025. 'Index rejigs are a key event for the market because they help the market participants gauge the direction in which the funds are moving,' the BSE noted earlier. These periodic updates help ensure the index continues to represent India's evolving market trends. FTSE rejig The changes in the London-based Financial Times Stock Exchange index are likely to result in an inflow of $150 million into the domestic market, as per Nuvama's 'best-effort' estimates. The inflows are largely driven by the inclusion of Vishal Mega Mart, which is expected to see about $115 million, as per the brokerage. In addition to that, Hyundai Motor, Waaree Energies, Swiggy, NTPC Green Energy, Onesource Specialty Pharma, Afcons Infrastructure, Sai Life Science, and Inventurus Knowledge Solutions are expected to see inflows given their additions to the FTSE key index. Siemens Energy to exit from MSCI Global Standard Index Nuvama also noted that the shares of Siemens Energy will be deleted from the MSCI Global Standard Index after it was demerged from Siemens India. The estimated passive outflow is approximately $210 million, translating to around 7 million shares, the brokerage said. Siemens demerged on April 7, 2025 and Siemens ex-Energy price opened at ₹2,450 and implied ₹2,478 share value for the Siemens Energy India entity.
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Business Standard
05-06-2025
- Business
- Business Standard
Stocks to watch today, June 5: KEC Int'l, HAL, BEL, Vedanta, Reliance Infra
Stocks to Watch today: KEC International, HAL, BEL, Vedanta, Reliance Infra, Vi, Power Grid Corp and Apollo Micro Systems are among the stocks to watch today, June 5, 2025 Sai Aravindh Mumbai Stocks to Watch Today, Thursday, June 5, 2025: Indian equity markets may look to extend the previous day's momentum, but rising geopolitical tensions and weak global cues could weigh on sentiment. The early indicator of Nifty50 performance -- GIFT NIFTY -- was up 8.6 points or 0.03 per cent at 24,738 as of 7:35 AM. Equity markets in Asia opened on a mixed note after a muted Wall Street close following weak economic data. Last checked, Japan's Nikkei was lower by 0.808 per cent while South Korea's Kospi was up 1.3 per cent. Stocks in the US posted modest gains as calls for rate cuts by the Federal Reserve grew after data showed hiring growth fell to the slowest pace in two years. The S&P 500 index rose by 0.01 per cent while the Dow Jones Industrial Average was down 0.22 per cent. Tensions between Ukraine and Russia flared up as US President Donald Trump said Vladimir Putin vowed to retaliate for Ukraine's shocking drone strike. Meanwhile, Trump signed a proclamation that banned individuals from 12 countries, including Afghanistan and Myanmar, from entering the US. Meanwhile, below are some stocks to watch during today's session: KEC International: The company landed new orders amounting to ₹2,211 crore across its key business segments. The orders were received in the company's oil and gas pipelines business, transmission and distribution sector, and for the supply of various types of cables. Bharat Electronics: The Navratna Defence Public Sector Undertaking (PSU) secured additional orders worth ₹537 crore since the last set of orders announced on May 16, 2025. The new orders comprise communication equipment, an advanced composite communication system for ships, jammers, software, simulator upgrades, spares, test rigs, and related services. Vedanta: The Indian mining and metals firm said it has increased its renewable energy power capacity to 1.03 gigawatt (Gw). The company said it is on track to achieve its goal of reaching 2.5 Gw of clean energy by 2030. YES Bank: The lender said that CA Basque Investments, an affiliate of global investment firm Carlyle Group, will no longer have the right to nominate a director to the bank's Board, following its sale of a 2.62 per cent stake in the bank earlier this week through block deals. Hindustan Aeronautics: The company said it is in discussions with General Electric (GE) for the engines for its Light Combat Aircraft (LCA) Mark 2. The company explicitly denied recent media speculation suggesting it was negotiating with other manufacturers for these engines. Vodafone Idea: The telecom operator has called an extraordinary general meeting on 27 June to seek shareholder approval for a ₹20,000 crore ($2.4 billion) capital raise and amendments to its Articles of Association (AoA) aimed at retaining promoter control. Reliance Infra: The National Company Law Appellate Tribunal (NCLAT) has suspended insolvency proceedings against the company after the company argued that it has cleared the entire outstanding amount of ₹92.68 crore owed to Dhursar Solar Power Pvt Ltd (DSPPL). REC: The company has proposed to raise up to ₹1.55 lakh crore through non-convertible debentures (NCDs) on a private placement basis. Force Motors: The company's domestic sales climbed by 24.5 per cent year-over-year to 3,002 units, while total sales increased by 19.4 per cent to 3,088 units. However, the company experienced a sharp decline in exports, which fell by 52.2 per cent. Power Grid Corp: The company acquired MEL Power Transmission Ltd for ₹8.53 crore, to develop a power evacuation system from Mahan Energen in Madhya Pradesh on a build, own, operate and transfer (BOOT) basis. Newgen Software Technologies: The firm secured a $2.5 million order from an international client to supply its products and implement them for digital transformation across multiple business segments.
