FIIs have steadily reduced their stakes in about 104 companies over the past two quarters, December 2025 (October–December) and March 2026 (January-March).
Indian stock market valuations are attractive. However, global investor focus on Artificial Intelligence is diverting capital away from emerging markets like India. Foreign institutional investor flows are expected to remain subdued unless the AI theme slows or India implements significant structural reforms. Bandhan AMC is investing in manufacturing exporters and metals. The IT sector faces a long-term slowdown.
Bitcoin is consolidating near recent highs after a strong rally, as geopolitical tensions around the Strait of Hormuz trigger short-term volatility. Despite the pullback, steady ETF inflows and improving institutional demand indicate a constructive outlook, with analysts expecting a potential breakout if key resistance levels are breached in the near term.
Shares of Sterling and Wilson Renewable Energy Limited surged 17% after securing a Rs 3,490 crore solar EPC order from Coal India Limited, along with another project win. Strong order inflows and improved financial performance have boosted investor sentiment, driving sharp near-term gains in the stock.
Australian shares saw a modest rise on Monday. Investors remained cautious, awaiting developments in the Middle East conflict. Hopes for a quick resolution faded after Iran rejected talks and blocked the Strait of Hormuz. The U.S. also seized an Iranian cargo ship. This uncertainty kept the market subdued, with gold miners and consumer firms providing some support.
JPMorgan maintains an Overweight rating on Reliance Industries. The brokerage sees comfortable relative valuation for RIL. Near-term outlook for oil-to-chemicals business remains uncertain. JPMorgan retains a price target of Rs 1,675 for March 2027. The firm expects improved refining and petrochemical margins in the medium term. Retail valuation upside also offers potential gains.
Indian markets reversed early losses to trade higher, supported by a stronger rupee, continued FII buying and oil prices staying below $100 per barrel. Benchmark indices Sensex and Nifty gained around 0.5%, while broader markets also moved into positive territory led by PSU banks and midcap stocks.
Lenskart shares fell amid social media backlash over an alleged dress code restricting religious symbols. The controversy persisted despite clarification from CEO Peyush Bansal, with the policy drawing criticism and boycott calls.
Shares of Bharat Heavy Electricals Limited rallied nearly 5% after the company posted an 18% YoY rise in its FY26 provisional turnover to Rs 32,350 crore. Strong order inflows, a Rs 2.4 lakh crore order book, and steady project execution boosted sentiment, though technical indicators signal overbought conditions.
HDFC Bank, ICICI Bank and Yes Bank delivered steady FY26 performances with healthy earnings growth and improved asset quality. While ICICI Bank and HDFC Bank attracted positive brokerage outlooks with strong fundamentals, analysts remain cautious on Yes Bank, citing valuation concerns and sustainability risks despite sharp profit growth in the latest quarter.
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