Individuals and domestic mutual funds together now hold about 36 per cent of the free float market capitalisation of Nifty 50 companies, said SEBI Chairman Tuhin Kanta Pandey, addressing the 30th anniversary of Nifty 50 at the National Stock Exchange (NSE).
Wall Street stocks rebounded sharply in late trading Monday, reversing earlier losses after President Trump indicated the U.S.-Iran conflict might be nearing an end. This late surge followed a volatile session driven by oil price fluctuations and concerns over potential stagflation, with tech shares leading the gains.
Sensex and Nifty plunged nearly 2% as rising crude oil prices, weak global cues and escalating West Asia tensions triggered heavy selling. Foreign fund outflows and a weaker rupee added pressure. Analysts recommend Apollo Pipes, Aurobindo Pharma and Tata Steel for potential short-term gains.
Nasdaq on Monday announced it will collaborate with Payward, parent company of cryptocurrency exchange Kraken, to develop tokenization infrastructure, aiming to capitalize on the growing interest in blockchain-based equities.
IPO-bound Flipkart has shifted its domicile to India, having secured government nod for an internal restructuring that now makes Flipkart Internet the holding entity of the Group.
Indian markets are set to open lower as weak global cues, falling US stocks and rising crude prices trigger risk aversion. Escalating Middle East tensions and supply concerns push oil higher, increasing inflation fears. Analysts expect volatility with Nifty likely trading within a cautious range.
Sebi chief Tuhin Kanta Pandey urged investors not to panic amid global market turbulence caused by the US-Iran conflict. He highlighted India’s strong fundamentals, Nifty’s long-term resilience and the growing investor base supporting the country’s expanding capital market ecosystem.
Sensex and Nifty plunged nearly 2% as rising crude oil prices, weak global cues and escalating West Asia tensions triggered heavy selling. Foreign fund outflows and a weaker rupee added pressure. Analysts recommend Apollo Pipes, Aurobindo Pharma and Tata Steel for potential short-term gains.
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