Mumbai, July 11 (IANS) Foreign institutional investors (FIIs) turned net buyer in the Indian equity markets this week, purchasing Rs 4,670 crore based on provisional exchange data.Domestic institutional investors (DIIs) were also net buyers as usual, purchasing Rs 8,280 crore. Mutual fund systematic investment plan (SIP) contributions reached a three-month high of Rs 31,780 crore in June, according to the latest data released by the Association of Mutual Funds in India (AMFI). This reflects a st…
Latest Geopolitical Tensions News & Updates
New Delhi, July 9 (IANS) India’s economy is projected to grow 6.6 per cent in FY27, with the country expected to remain among the world’s fastest-growing major economies despite global headwinds, supported by policy measures and strong services exports, a report has said.The report by the Asian Development Bank (ADB) highlighted that its revised FY27 growth projection remains higher than the International Monetary Fund’s (IMF) latest FY27 growth estimate of 6.4 per cent.”Growth will be supported…
Mumbai, July 9 (IANS) Indian equity benchmarks advanced in early trade on Thursday despite renewed geopolitical tensions and a rebound in crude oil prices to the $80-a-barrel mark.Sensex surged as much as 0.32 per cent or about 250 points to hit an intraday high of 76,752 in morning trade, while Nifty climbed 0.20 per cent or 46.90 points to 23,928.95.Sectorally, Nifty Consumer Durables led the gains, rising 1.39 per cent, followed by Nifty Mid-Small Financial Services (0.95 per cent), Nifty Cem…
Mumbai, July 4 (IANS) India’s aviation sector saw a gradual recovery in international traffic in May over easing geopolitical tensions in West Asia and continued to witness strong domestic demand, a report said on Saturday.Easing geopolitical tensions facilitate gradual normalisation of international flight operations, while lower fuel costs support airlines despite continued pressure from a weak rupee on aircraft leases, maintenance and other dollar-denominated operating expenses, the report …
New Delhi, July 2 (IANS) Taxation changes, customs duty hikes and global geopolitical tensions will be the defining factors of bullion prices in H2 2026, as prices are expected to remain volatile with possible consolidation after recent corrections, a report said on Thursday.Jewellery demand is expected to remain subdued, though the festive season could revive sales, particularly in lightweight categories, the report from All India Gem & Jewellery Domestic Council (GJC) said.The industry awa…
New Delhi, June 30 (IANS) India’s ability to quickly diversify crude oil imports and avoid a major fuel crisis during the recent Strait of Hormuz conflict was the outcome of years of strategic infrastructure development and global energy partnerships, not an overnight response, former Indian Oil Corporation Limited (IOCL) Chairman B. Ashok said on Tuesday.Speaking to IANS, Ashok said India’s ability to diversify crude oil supplies at short notice reflected years of strategic planning that streng…
New Delhi, June 27 (IANS) Foreign institutional investors (FIIs), after being net buyer in the previous week, again turned net sellers this week in the Indian markets, offloading Rs 2,080 crore based on provisional exchange data.On the other hand, domestic institutional investors (DIIs) were net buyers, purchasing Rs 11,100 crore in the Indian markets. In the month of June, FIIs have sold a cumulative Rs 45,130 crore, while DIIs have bought Rs 76,160 crore.“In the current truncated week, FIIs …
Mumbai, June 6 (IANS) While foreign institutional investors (FIIs) remained sellers this week, with net outflows of Rs 31,114 crore, domestic institutional investors (DIIs) continued to absorb the supply, investing Rs 33,933 crore during the same period, as the government and the RBI introduced several measures to attract foreign capital.The ability of DIIs to offset FII selling has been one of the primary reasons why Indian markets have avoided a deeper correction despite global uncertainties, …
Mumbai, June 6 (IANS) The Indian equity benchmarks posted notable losses during the week as domestic policy measures were mildly offset by persistent external uncertainties.Nifty lost 0.77 per cent during the week and dipped 0.21 per cent on the last trading day to reach 23,366. At close, Sensex was down 116 points, or 0.16 per cent, at 74,243. It declined 0.71 per cent during the week.Geopolitical tensions in West Asia and their influence on crude prices continued to weigh on investor sentiment…
New Delhi, June 4 (IANS) Gold and silver traded higher in morning trade on Thursday, supported by a weaker dollar and geopolitical uncertainty in West Asia, as investors continued to track developments surrounding a possible diplomatic breakthrough between the US and Iran.On the Multi Commodity Exchange (MCX), gold futures for August delivery were trading 0.35 per cent or Rs 533 higher at Rs 1,59,052 per 10 grams as of 11:28 am.The yellow metal rose as much as 0.61 per cent or Rs 981 to touch an…