Sunday, October 18
Foreign Institutional Investors (FIIs) have continued their buying spree in Indian equities, with purchases amounting to Rs 23,778 crore through May 16, 2025. This comes after a notable shift in FII strategy in April, where they reversed their selling stance and recorded net purchases of Rs 4,243 crore.The data was highlighted by Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Investments Limited, who observed a marked change in FII behavior during the second quarter of 2025.Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Investments, pointed out that “FIIs who were sellers in the first three months of 2025, having sold equity for Rs 116,574 crores during this period, turned buyers in April with buy figure of Rs 4,243 crores.”The buying momentum, according to him, h
Bharti Airtel and Bharti Hexacom on Saturday approached the Supreme Court seeking relief in the ongoing Adjusted Gross Revenue (AGR) dues matter, following in the footsteps of Vodafone Idea. “The AGR dues, gravely impacted the ability of the two Bharti companies to meet the much-needed aggressive network roll out requirements for remaining competitive in the telecom sector and for sustaining their operations and serving public interest. Therefore, in the absence of grant of waiver, as prayed hereunder, on a non-discriminatory basis to all license holders/ISPs impacted by the AGR judgment, would undoubtedly jeopardize the survivability of the Bharti Companies and the entire telecom sector at large,” the petition statedAirtel has over the past few decades invested staggering amounts in d
The easing of tariff concerns and geopolitical tensions between India and Pakistan, ending strongly in India’s favor without much escalation, strongly impacted the markets in a positive way. Nifty registering its biggest single-day gains in recent history. The markets maintained those gains and built on them further during the week. While the Nifty moved in a 737-point range, the volatility dipped sharply. The India Vix came off by 23.49% to 16.55 on a weekly basis. The headline Index, too, ended the week with a robust weekly gain of 1011.80 points (+4.21%). 121232402After taking a breather in the week before this one, the Nifty resumed its uptrend. From a technical standpoint, the Nifty has dragged its support levels higher to the 50-week MA placed at 24033. From the lows formed on Apr
The Indian equity market staged a remarkable comeback this week, with the benchmark Nifty 50 surging by over 1,000 points to close above the crucial 25,000 mark. This rally effectively wiped out all losses incurred since October 2024, signaling renewed investor confidence in the market. The sharp rise was driven by strong buying interest across sectors, particularly in heavyweight stocks, as positive sentiment returned to the market.The week commenced on a strong note, fueled by significant developments over the weekend involving Operation Sindoor, a successful military operation conducted by the Indian armed forces, which resulted in a cessation of hostilities between India and Pakistan. The improved geopolitical environment bolstered market sentiment, leading to substantial gains in both
The Aam Aadmi Party (AAP) faced a major setback as 15 municipal councillors in Delhi resigned on Saturday to form a new political party called 'Indraprastha Vikas Party'.The newly formed organisation will be led by Hemchand Goel, with prominent former AAP leaders such as Mukesh Goel, Himani Jain, Devindra Kumar, Rajesh Kumar Ladi, Suman Anil Rana, Dinesh Bhardwaj, Runakshi Sharma, Manisha, Sahib Kumar, Rakhi Yadav, Usha Sharma, and Ashok Pandey playing a key role in the rebellion.Among the rebels, Mukesh Goel's departure is the worst for AAP as he served as the Leader of the House for AAP in the Municipal Corporation of Delhi (MCD)."We have launched Indraprastha Vikas Party because we were not able to do any public work for the past year or two. The House never functions smoothly due to di
