The Indian stock market has been on a decline since its peak in September 2024, with Foreign Institutional Investor (FII) sell-offs playing a key role. As investors assess whether the downturn is nearing its end, historical data offers insights into potential recovery timelines.
Tokyo led a collapse across Asian and European equities, after weak US jobs data fanned fears of a recession in the world's top economy and boosted bets on several Federal Reserve interest rate cuts.
Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period.
Air India's sell-off process has started by the government deciding to sell in parts. Only if the entire process is completed fast will the benefits accrue to Air India.
The brutal sell-off in the Indian equity market was largely on the back of the US market giving way with the S&P 500 and Dow Industrials indices slumping more than 4 percent, as the Dow notched its biggest intraday decline in history with a nearly 1,600-point drop and Wall Street erased its gains for the year.
A clear recovery economic and earnings is finally visible and growth is at an inflexion point, says Ridham Desai, Head of Equity Research & India Equity Strategist at Morgan Stanley.
Overseas investors have pulled out more than Rs 9,900 crore from the Indian equity markets since the beginning of the month due to global growth concerns and sharp dip in oil prices. Sentiment was hit mostly by renewed global sell-off on worries driven by volatility in crude oil, which slid below USD 28 per barrel
Sanjay Dutt, director of Quantum Securities, advises investors to buy largecaps as they have been totally ignored and there is froth in midcaps
Ajay Srivastava, CEO of Dimensions Consulting feels midcaps will take the brunt of selling whenever it happens. The next trigger for the markets will be the June earnings, when investors will get a clear picture on which stocks to buy, he adds.
Ambareesh Baliga, a market expert told CNBC-TV18 that the slide would continue if the market felt the government was not acting decisively enough to solve the problems in the economy.
Analysis by asset manager BlackRock of last year's hedge fund performance underlines the wide divergence in perfomance.
A much weaker-than-expected survey on US manufacturing activity earlier this week sparked sharp selling in both developed and emerging markets as worries about the outlook for growth in the world's biggest economy took hold.
In an interview to CNBC-TV18‘s Anuj Singhal and Ekta Batra, Taher Badshah, senior VP & Fund Manager at Motilal Oswal AMC gave his reading of the current market condition and the road ahead.
According to Tirthankar Patnaik, though the Sensex ended in red, it had nothing to do with the PM's speech today as there was nothing material in there other than his strong stance against Narendra Modi.
Gold is heading for its worst weekly performance in three months and its biggest annual loss in 32 years.
Furthermore, George Hoguet of State Street Global Advisors says he is constructive on US equities in 2014 as he expects US companies‘ earnings to grow at 8 percent.
Nick Verdi, Currency Strategist, Asia, Barclays Capital sees INR trading around 61/USD and outperforming some of its peers.
According to Latha Venkatesh, the steep fall in equity markets was clearly FIIs legging it out as there was a lot of evidence to it. In the August contract itself market has seen Rs 4500 crore worth of shares being sold-off exclusive of today‘s sell-off.
Salt-to-software conglomerate Tata group has suffered a huge erosion of over Rs 25,000 crore in its market valuation within a week, as shares of its companies lost ground amid a sharp sell off in the market.
Global brands like Zara and Aldo have been a runaway hit here in India. But Planet Retail, which owns the operating, distribution and marketing rights of international brands such as 'Debenhams' and 'Next' in India, can't say the same.
Talk in the market is that a couple of brokers who are facing a liquidity crisis have sold pledged shares of companies, triggering a sell-off in the shares of nearly a dozen mid-cap companies.
Udayan Mukherjee of CNBC-TV18 says that the Mauritius treaty issue was just a trigger point for the market that was waiting for a breakdown.