India promises more stability to FIIs than China: Radhika Gupta
The share of domestic mutual funds and retail investors in NSE-listed stock reached an all-time high of 9.17% and 7.64%, respectively, in the June quarter of 2024.
FIIs sold over ₹8,106.21 crore worth of shares in the last two consecutive days from July 23-24, 2024.
The share of DIIs in NSE-listed companies rose to 16.05%, while FIIs stake declined to an 11-year low of 17.68% as on March 31, 2024.
HDFC Bank, Indusind Bank, Ultratech Cement, HUL, L&T Mindtree, Asian Paints, and others are set to announce their Q3 results this week.
The cumulative m-cap of BSE-listed companies surge over ₹27 lakh cr in December to ₹366 lakh cr as of December 27.
The BSE Sensex rallied as much as 955 points to hit a fresh record high of 70,540; the NSE Nifty climbed 263 points to touch a new all-time high of 21,189.
The BSE Sensex and Nifty50 are likely to open lower on Thursday, tracking soft cues from global peers and negative trend at Gift Nifty.
Investors lost nearly ₹3.5 lakh cr in intraday trade on Thursday as BSE Sensex tumbled as much as 929 points
The SIP contribution for August rose to an all time high of ₹15,813 crore, while mutual fund folios touched an all time high of 15.42 crore in August 2023.