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Amid the ongoing selling in the Indian stock markets, the growth in the demat accounts also declined in October, highlighted a report by ICICI Securities The report highlighted that after a strong four-month period where monthly additions to demat accounts exceeded 4 million, October 2024 saw a decline in new demat accounts. It also added that the total number of accounts added in October fell to 3.45 million, down from 4.36 million in September 2024. This dip breaks the streak of steady growth in demat accounts, suggesting a possible shift in <keyword id="20030258" type="General" weightage="20" keywordseo="investor-sentiment" source="keywords">investor sentiment</keyword> or market conditions. "Demat accounts additions fall below 4 million after four months After four consecutive months of more than 4 million <keyword id="23912333" type="General" weightage="100" keywordseo="Demat-account-additions" source="keywords">demat account additions</keyword> in a month," the report said. Among depositories, the Central Depository Services Limited (CDSL) maintained a strong lead in market share. In October 2024, CDSL's share of total and incremental demat accounts stood at 79% and 90%, respectively. Meanwhile, individual investor activity showed mixed trends in September 2024 across different market segments. The report stated that the number of individual investors actively trading in the National Stock Exchange's (NSE) cash market increased slightly. In September, 15.8 million individual investors traded at least once, marking a 1.9% increase from 15.5 million in August. Over the first half of the financial year (6MFY24), a total of 29.4 million individuals participated at least once in the cash market, compared to 30.7 million for the full FY24. However, participation in the equity derivatives segment saw a downturn. The number of individual investors trading at least once in a month on the NSE's equity derivatives segment dropped by 3.6 % in September, falling to 4.46 million from 4.66 million in August. For the first half of FY24, a total of 8.7 million individuals participated in the derivatives market, a decline from 9.6 million for the entire FY24. This decline indicates a reduced interest in derivative trading among individual investors, possibly due to increased volatility or changing market preferences. The report said, "A total of 29.4 million individuals have participated at least once in 6MFY24 vs. 30.7 million in FY24. Individual investors, who traded at least once in a month on NSE's equity derivatives segment, declined 3.6% MoM in Sep'24 to 4.46 million vs. 4.66 million in Aug'24". The dip in both new demat accounts and derivatives participation among individual investors suggests a cautious outlook among retail participants. As global economic conditions remain uncertain, domestic markets face volatility amid the continued selling by foreign investors.

New Demat account additions drop to 4-month low in October as market declines, notes report by ICICI Securities

Equity benchmark <keyword id="19896381" type="General" weightage="100" keywordseo="Nifty" source="keywords">Nifty</keyword> rose marginally to hit a fresh lifetime high of 25,052 and <keyword id="19896382" type="General" weightage="20" keywordseo="Sensex" source="keywords">Sensex</keyword> gained over 70 points on Wednesday, helped by buying in <keyword id="19963566" type="General" weightage="20" keywordseo="IT-stocks" source="keywords">IT stocks</keyword> amid a largely positive <keyword id="20542711" type="General" weightage="20" keywordseo="global-market" source="keywords">global market</keyword>. Recent <keyword id="20072947" type="General" weightage="20" keywordseo="foreign-fund-inflows" source="keywords">foreign fund inflows</keyword> and lower global <keyword id="20024983" type="General" weightage="20" keywordseo="crude-oil-prices" source="keywords">crude oil prices</keyword> also strengthened <keyword id="22951128" type="General" weightage="20" keywordseo="investor-sentiments" source="keywords">investor sentiments</keyword>, traders said. Rising for the tenth straight session, the NSE Nifty went up by 34.60 points or 0.14 per cent to settle at a new closing high of 25,052.35. The benchmark surged 111.85 points or 0.44 per cent to hit a fresh intra-day all-time peak of 25,129.60. Extending its winning run to the seventh day in a row, the 30-share BSE Sensex climbed 73.80 points or 0.09 per cent to settle at 81,785.56. During the day, it jumped 327.5 points or 0.40 per cent to 82,039.26. Among the 30 Sensex firms, <keyword id="19951944" type="General" weightage="20" keywordseo="Bharti-Airtel" source="keywords" meta.keywordsubtype="org" meta.entityname="Bharti Airtel" meta.hostid="261" meta.entityid="Bharti Airtel">Bharti Airtel</keyword>, Infosys, IndusInd Bank, Sun Pharma, Tech Mahindra, Mahindra &amp; Mahindra, Bajaj Finance and JSW Steel were the biggest gainers. Asian Paints, Maruti, Nestle, Kotak Mahindra Bank, Axis Bank and UltraTech Cement were among the laggards. In Asian markets, Seoul and Tokyo settled higher while Shanghai and Hong Kong ended lower. European markets were trading in positive territory. The US markets ended with marginal gains on Tuesday. "The <keyword id="19913381" type="General" weightage="20" keywordseo="market" source="keywords">market</keyword> has entered a consolidation phase with low volatility and this trend is likely to continue in the near-term. Falling bond yields in the US have restrained FII selling and they have even turned marginal buyers. Going by previous trends, DIIs are likely to sell if FIIs continue to buy. "This trend will keep the market within a range with a slight upward bias. This is a desirable and healthy trend, given the elevated valuations in the market," V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said. Foreign Institutional Investors (FIIs) bought equities worth Rs 1,503.76 crore on Tuesday, according to exchange data. Domestic Institutional Investors (DIIs) offloaded equities worth Rs 604.08 crore. Global oil benchmark Brent crude declined 0.82 per cent to USD 78.90 a barrel. After oscillating between highs and lows, the BSE benchmark eked out a marginal gain of 13.65 points or 0.02 per cent to settle at 81,711.76 on Tuesday. The NSE Nifty ended almost flat, up 7.15 points or 0.03 per cent, at 25,017.75 -- its ninth straight session of gains.

Nifty gains marginally to hit lifetime high

Rupee appreciated 7 paise to 84.22 against the US dollar in morning trade on Tuesday, on a sharp rebound in domestic equities amid improved investor risk appetite. Forex traders said the <keyword id="21663515" type="General" weightage="20" keywordseo="MSCI-equity-index" source="keywords">MSCI equity index</keyword> rebalancing significantly boosted sentiment for Indian equity markets as <keyword id="19932515" type="General" weightage="20" keywordseo="foreign-institutional-investors" source="keywords">foreign institutional investors</keyword> broke a 40-session streak of net selling by purchasing Rs 9,947 crores on Monday, lending robust support to the rupee. Moreover, the win by the incumbent government in Maharashtra, further fueled investor confidence in economic stability, sparking a rally in equity markets. At the interbank foreign exchange, the rupee opened at 84.27 and moved in a tight range and touched an early high of 84.22 against the greenback, registering a gain of 7 paise over its previous close. On Monday, the rupee appreciated 12 paise to close at 84.29 against US dollar. "While Donald Trump's aggressive trade policies loom large, the rupee's outlook remains cautiously optimistic. The <keyword id="19899810" type="General" weightage="20" keywordseo="Reserve-Bank-of-India" source="keywords" meta.keywordsubtype="org" meta.entityname="Reserve Bank of India" meta.hostid="261" meta.entityid="Reserve Bank of India">Reserve Bank of India</keyword>'s projection of a GDP growth rebound to 7.6 per cent in Q3 has infused fresh confidence in India's economic trajectory. Additionally, a surge in capital inflows is likely to provide robust support," CR Forex Advisors MD Amit Pabari said. Pabari further said that the RBI's vigilant stance will be critical in managing volatility, with interventions likely at key levels to maintain stability. "Given the factors, the USDINR pair appears to face resistance around the 84.50 level, with expectations of trading within a range of 83.80 to 84.50, leaning toward a downside bias," he said. On the global front, US Treasury Secretary nominee Scott Bessent's fiscal deficit reduction agenda capped US Treasury yields, Pabari said. The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading higher by 0.28 per cent at 107.11. Brent crude, the global oil benchmark, rose by 0.33 per cent to USD 73.25 per barrel in futures trade. In the domestic equity market, the 30-share equity benchmark Sensex jumped 167.76 points or 0.21 per cent to 80,277.61 points in early trade, while Nifty jumped 55.80 points or 0.23 per cent to 24,277.70 points. Foreign Institutional Investors (FIIs) turned net buyers in the capital markets on Monday, purchasing shares worth Rs 9,947.55 crore, according to exchange data. SEE ALSO:<a href="https://www.businessinsider.in/tech/mobile/news/oneplus-open-oxygenos-15-update-now-rolling-out-with-flux-themes-improved-ai-features-and-more/articleshow/115657313.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/oneplus-open-oxygenos-15-update-now-rolling-out-with-flux-themes-improved-ai-features-and-more/articleshow/115657313.cms" target="_blank">OnePlus Open OxygenOS 15 update now rolling out with Flux Themes, improved AI features and more</a><a href="https://www.businessinsider.in/tech/news/microsofts-ai-powered-recall-feature-is-now-rolling-out-to-copilot-pcs/articleshow/115654136.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/news/microsofts-ai-powered-recall-feature-is-now-rolling-out-to-copilot-pcs/articleshow/115654136.cms" target="_blank">Microsoft’s AI-powered Recall feature is now rolling out to Copilot+ PCs</a><a href="https://www.businessinsider.in/business/telecom/news/jio-airtel-and-vi-lost-nearly-11-million-subscribers-in-september-2024/articleshow/115565541.cms" target="_blank"></a> <a href="https://www.businessinsider.in/business/telecom/news/jio-airtel-and-vi-lost-nearly-11-million-subscribers-in-september-2024/articleshow/115565541.cms" target="_blank">Jio, Airtel and Vi lost nearly 11 million subscribers in September 2024</a>

Rupee rises 7 paise to 84.22 against US dollar in early trade

After experiencing significant fluctuations throughout the <keyword id="20071759" type="General" weightage="20" keywordseo="trading-session" source="keywords">trading session</keyword>, the <keyword id="19932512" type="General" weightage="100" keywordseo="Indian-stock-market" source="keywords">Indian stock market</keyword> closed in negative territory on Tuesday. The <keyword id="19950208" type="General" weightage="20" keywordseo="BSE-Sensex" source="keywords">BSE Sensex</keyword> finished 34.73 points lower, settling at 79,441.45, while the <keyword id="19950205" type="General" weightage="20" keywordseo="NSE-Nifty" source="keywords">NSE Nifty</keyword> declined by 18.10 points to close at 24,123.85. The day began on a promising note as both <keyword id="20275413" type="General" weightage="20" keywordseo="benchmark-indices" source="keywords">benchmark indices</keyword> opened at record highs. The <keyword id="19896382" type="General" weightage="20" keywordseo="Sensex" source="keywords">Sensex</keyword> hit an intraday peak of 79,856, and the Nifty soared to a high of 24,236. The performance of various sectors was mixed throughout the day. Notably, <keyword id="19933337" type="General" weightage="20" keywordseo="Nifty-IT" source="keywords">Nifty IT</keyword>, Nifty Realty, Nifty Oil and Gas, and Nifty PSU Bank sectors saw gains. Nifty IT stood out as the top performer, rising over 1 per cent during the session. In contrast, Nifty Healthcare and Nifty Auto sectors closed in the red. In terms of market breadth within the Nifty companies, there were 21 advances and 28 declines. Top gainers included LT, Wipro, Infosys, Tata Consumer Products, and HDFC Bank. Conversely, the top losers were Nifty Sriram Finance, Kotak Bank, Bharti Airtel, Tata Motors, and IndusInd Bank. The broader market indices also reflected a mixed sentiment. The BSE MidCap index fell by 0.8 per cent, and the SmallCap index slipped by 0.1 per cent. Despite the overall negative trend, specific sectors such as Sugar Stocks and Paper Stocks managed to end the day on a positive note. Varun Aggarwal, founder and managing director of Profit Idea, said, "The global markets presented a mixed picture. Chinese stocks closed lower, while shares in Hong Kong saw an upward trend. <keyword id="20030258" type="General" weightage="20" keywordseo="investor-sentiment" source="keywords">Investor sentiment</keyword> globally was influenced by concerns over economic recovery prospects and upcoming policy signals." Gold prices weakened on Tuesday due to a stronger US dollar. Investors are now keenly awaiting comments from Federal Reserve Chair Jerome Powell and key jobs data, which are expected to provide insights into future interest rate decisions. Tuesday's trading session highlighted the market's sensitivity to various economic and sectoral factors, both domestically and internationally. As investors navigate through these fluctuations, the focus will likely remain on broader economic indicators and <keyword id="21410291" type="General" weightage="20" keywordseo="global-market-trends" source="keywords">global market trends</keyword>.

Stock market closes in red amid intraday volatility

Ever since Donald Trump won the 2024 US presidential elections, bitcoin has been surging, going up over 40% in the last two weeks. Recently, the cryptocurrency soared past $97,000, having risen 8.32% in just the last 7 days, and is currently trading at $96,906.09. The overall crypto market is also buoyant, with the crypto volume jumping 10.06% over the past 24 hours to touch $198.83 billion. The markets are enthused about Bitcoin's prospects going ahead, given that Trump has hinted towards establishing a dedicated role in the White House for deliberating crypto policies. Trump has been vocally pro-crypto and had promised, during his presidential campaign, to scale back <keyword id="24085738" type="General" weightage="20" keywordseo="crypto-regulations" source="keywords">crypto regulations</keyword> and fire SEC chair Gary Gensler, who had initiated a crackdown on digital assets in the US. The crypto lobby in the US has been advocating for crypto-friendly SECs and access to banks. In a bid to do so, crypto companies have pumped in over $119 million to support pro-crypto candidates. Says Edul Patel, co-founder and CEO of Mudrex, "Market sentiment grew stronger from Bloomberg's report of Trump’s plan to establish a dedicated White House role for crypto policy. The anticipation of faster regulatory clarity coupled with BlackRock’s Bitcoin ETF options projecting a $176k price target by 2026 has driven BTC’s price to the $95K milestone and beyond." The ongoing rally is not restricted to just bitcoin but also extended to Solana and XRP, which gained 10.85% and 59.02%, respectively, over the last 7 days. But does this mean that good times are coming for <keyword id="19991358" type="General" weightage="20" keywordseo="Indian-markets" source="keywords">Indian markets</keyword> as well? Apurva Sheth, Head of Market Perspectives &amp; Research, SAMCO Securities, notes that bitcoin is a proxy for risk-taking in the markets. Bitcoin moving up means the risk appetite of investors is rising. Conversely, if it falls, then investors prefer safety." Both Nifty and Sensex have lost over 5% each over the last month. FIIs (<keyword id="19932515" type="General" weightage="20" keywordseo="foreign-institutional-investors" source="keywords">foreign institutional investors</keyword>) have also been scrambling out of Indian markets, having withdrawn Rs 1,14,445.89 crores during October 2024 and offloading Rs 34,348.30 crore so far in November. During trade today, Nifty and Sensex remained in red, with Nifty down by 0.74% and Sensex down by 0.6%. DIIs (domestic institutional investors) have been trying to keep the market afloat in both October and November, pumping in Rs 31,636.77 crore in Indian markets in November so far. Last month, DIIs infused Rs 1,07,254.68 crore in the Indian markets. According to an NSE report, by the end of the previous quarter, FPIs holding in NSE-listed companies stood at 36.3%, despite the seventh consecutive quarterly decline. Previously, FIIs holding in listed companies had hit a record high of 39.9% in December 2021. In contrast, DIIs are increasingly making headway into the Indian markets. Active Domestic Mutual Funds (DMFs) have been increasing their investments in the NSE-listed companies. Their ownership in these companies has risen from 12.4% in December 2021 to 15.7% as of September 30, 2024. Banks and insurance companies have also expanded their market share. Their ownership in NSE-listed companies has grown from 8.8% three years ago to 11% as of pr quarter.

The Bitcoin rally does not seem to be stopping anytime soon! Does this spell good news for Indian markets?

<keyword id="19900795" type="General" weightage="100" keywordseo="foreign-investors" source="keywords">Foreign investors</keyword> withdrew nearly Rs 14,800 crore from domestic stocks in the first week of this month, influenced by India's Lok Sabha election results and attractive valuations of <keyword id="20295104" type="General" weightage="20" keywordseo="Chinese-stocks" source="keywords">Chinese stocks</keyword>. The outflow came following a net outflow of Rs 25,586 crore in May on poll jitters and more than Rs 8,700 crore in April on concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields. Before that, <keyword id="19930635" type="General" weightage="20" keywordseo="FPIs" source="keywords">FPIs</keyword> made a net investment of Rs 35,098 crore in March and Rs 1,539 crore in February, while they took out Rs 25,743 crore in January, data with the depositories showed. From a medium to long-term perspective, the direction of interest rates will remain a key driver for foreign investment flows into the <keyword id="19991165" type="General" weightage="20" keywordseo="Indian-equity-markets" source="keywords">Indian equity markets</keyword>. According to the data, <keyword id="6389755" type="General" weightage="20" keywordseo="Foreign-Portfolio-Investors" source="Orion">Foreign Portfolio Investors</keyword> (FPIs) made a net withdrawal of Rs 14,794 crore this month (till June 7). The general election results in India significantly influenced foreign investor flows in Indian equity markets in June. Last week began optimistically as exit polls indicated a decisive victory for the BJP and the NDA government, Himanshu Srivastava, Associate Director - Manager Research, Morningstar Investment Research India, said. However, the actual results diverged considerably from these expectations, leading to a reversal in <keyword id="20127603" type="General" weightage="20" keywordseo="market-sentiment" source="keywords">market sentiment</keyword>, thereby triggering a massive outflow by foreign investors. Foreign investors were also seemingly concerned by the fact that no party could get a clear majority in this parliamentary election, which would have prompted them to adopt a wait and watch approach, he added. FPIs regard Indian valuations to be very high and, therefore, capital is getting shifted to cheaper markets. The FPI pessimism regarding Chinese stocks appears to be over and there is a trend of investing in Chinese stocks listed in the Hong Kong Exchange since the valuations of Chinese stocks have turned very attractive, V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said. On the other hand, FPIs invested over Rs 4,000 crore in the debt market. Prior to this, foreign investors put in Rs 13,602 crore in March, Rs 22,419 crore in February and Rs 19,836 crore in January. This inflow was driven by the upcoming inclusion of Indian government bonds in the JP Morgan Index. Market experts believe that long-term outlook for FPI flows into Indian debt is positive due to India's inclusion in <keyword id="20547921" type="General" weightage="20" keywordseo="global-bond-indices" source="keywords">global bond indices</keyword>. However, near-term flows are being impacted by global macroeconomic uncertainty and volatility. Overall, FPIs withdrew a net amount of Rs 38,158 crore from equities in 2024 so far, however, invested Rs 57,677 crore in the debt market.

Foreign investors take out Rs 14,800 crore from equities in June on poll results, attractive Chinese stock valuations

<keyword id="19900617" type="General" weightage="20" keywordseo="stock-markets" source="keywords">Stock markets</keyword> showed resilience on Monday, closing in green after a flat and negative start to the trading day. The benchmark indices, <keyword id="19896382" type="General" weightage="100" keywordseo="Sensex" source="keywords">Sensex</keyword> and <keyword id="19896381" type="General" weightage="20" keywordseo="Nifty" source="keywords">Nifty</keyword>, rebounded from intraday lows, driven by significant gains in the auto and pharmaceutical sectors. The BSE Sensex ended the day with an uptick of 131.18 points closing at 77,341.08. Meanwhile, the broader NSE Nifty 50 climbed 36.75 points to finish at 23,537.85. Both indices initially opened on a cautious note but gathered momentum as the day progressed, reflecting renewed <keyword id="20322632" type="General" weightage="20" keywordseo="investor-confidence" source="keywords">investor confidence</keyword>. Throughout the trading session, volatility was a defining feature, with sectors like Auto, <keyword id="19933821" type="General" weightage="20" keywordseo="pharma" source="keywords">Pharma</keyword>, and FMCG showing notable strength. The Nifty <keyword id="19979339" type="General" weightage="20" keywordseo="auto-sector" source="keywords">Auto sector</keyword> registered gains of 0.44 per cent, while the Pharma sector increased by 0.39 per cent, and FMCG surged by 0.53 per cent. These sectors' performance was instrumental in counterbalancing the losses experienced in the Media sector, which faced a steep decline of over 1 per cent. In the broader markets, the Nifty SmallCap index edged up by a modest 0.06 per cent, and the Nifty MidCap index saw a more robust increase of 0.18 per cent. These movements underscore a cautiously optimistic sentiment among investors, who are showing a selective preference for mid and small-cap stocks amidst broader market uncertainties. The Nifty 50 index saw 30 stocks advancing while 20 declined, indicating a mixed yet overall positive <keyword id="20127603" type="General" weightage="20" keywordseo="market-sentiment" source="keywords">market sentiment</keyword>. Among the top performers were <keyword id="19993913" type="General" weightage="20" keywordseo="Mahindra-Mahindra" source="keywords" meta.keywordsubtype="org" meta.entityname="Mahindra &amp; Mahindra" meta.hostid="261" meta.entityid="Mahindra &amp; Mahindra">Mahindra &amp; Mahindra</keyword> (M&amp;M), Shriram Finance, Grasim Industries, Power Grid Corporation, and Sun Pharma. M&amp;M benefited from a buoyant auto sector, while Shriram Finance posted strong gains, contributing to the positive momentum in financial services. Grasim Industries gained due to optimism in the industrial and chemical sectors, and Power Grid Corporation saw a boost from expectations of increased infrastructure spending. Sun Pharma, a key player in the <keyword id="20598346" type="General" weightage="20" keywordseo="pharmaceutical-sector" source="keywords">pharmaceutical sector</keyword>, ended the day on a high note, reflecting the sector's overall strength. On the downside, notable laggards included IndusInd Bank, Cipla, AdPorts and SEZ, Coal India, and Tata Steel. IndusInd Bank suffered from profit-taking and sector-specific challenges, while Cipla faced selling pressure despite the sector's gains. Adani Ports and SEZ experienced a downturn due to broader market concerns over port operations, Coal India declined amid global pressures on fossil fuels, and Tata Steel faced challenges in the metals and mining sector. Technical analysis suggests that the Nifty has been consolidating within a range of 23,300 to 23,600, indicating a phase of indecisiveness among investors. Market analysts predict that a breakout above 23,600 could propel the index towards the 24,000 mark in the short term, signaling a bullish sentiment. Conversely, a drop below 23,300 might lead to a downside correction towards 22,750. Globally, markets presented mixed cues with European shares posting gains, driven by strength in the automobile and banking sectors. In contrast, Bitcoin experienced a sudden 4 per cent decline, trading at $61,094, highlighting ongoing volatility in the cryptocurrency market. Varun Aggarwal, founder and managing director, Profit Idea, said, "Oil prices edged higher, fueled by expectations of increased demand during the summer months and ongoing geopolitical tensions. Investor sentiment was bolstered by positive economic indicators, including stable industrial output and optimistic forecasts for the upcoming monsoon season. However, concerns over a potential global economic slowdown and rising inflation continue to loom, keeping investors cautious." Despite a rocky start, Indian stock markets managed to close on a positive note, driven by sector-specific gains and encouraging global cues. Investors will be closely monitoring further market signals and <keyword id="22037163" type="General" weightage="20" keywordseo="economic-developments" source="keywords">economic developments</keyword> in the coming days.

Stock markets end on positive note despite early setbacks

<ul class="summary-list"><li>Stock exchanges in China stopped reporting daily data on foreign fund flows.</li><li>Year-to-date flows entered the negative territory on Friday as foreign investors continue to pull back. </li></ul>Exchanges in China stopped reporting a key indicator investors use to gauge sentiment in the stock market of the world's second-largest economy. On Monday, exchanges halted the release of daily data on flows from foreign investors. Foreign fund flows are often used as a key sentiment indicator, showing daily inflows to stocks in mainland China. As of last week, the data was turning increasingly sour, with the year-to-date net flows entering negative territory on Friday as investors continued to pull back from China stocks. If the trend continues, it will be the first year of net outflows since 2016. China's CSI 300 index is down almost 2.5% year-to-date, and has plummeted over 9% since May.Officials first hinted at cutting real-time data on foreign flows back in April and made the decision official at the end of July. Now, the metric will only be published quarterly.The move is part of a large pivot away from real-time data as China's economy remains stuck in a rut. In May, China stopped reporting intraday foreign flows data. Officials said the move more closely aligned Chinese stock exchanges with those in the US and Europe, where markets don't release intraday data on certain investors or differentiate between domestic and international investors.Now, China's Shenzhen and Shanghai stock exchanges only publish two daily data metrics — trades of its 10 most active stocks and the total turnover and trade volume of stocks traded through Hong Kong.China's economy is facing headwinds from several directions, including its <a target="_blank" class="" href="https://www.businessinsider.com/china-economy-housing-market-real-estate-crash-investors-outlook-construction-2024-3">struggling property sector</a> and <a target="_blank" class="" href="https://www.businessinsider.com/china-economy-weak-domestic-demand-factory-activity-amid-strong-export-2024-7">weak consumer sentiment</a>. Its latest bout of tough economic data showed fixed-asset investment saw an unexpected decline in the first half of the year.

Stock investors in China lose access to key data as exchanges stop reporting sentiment indicator

<ul><li>Indian stock indices opened marginally in the green Tuesday, extending the positive momentum from the previous session closing.</li><li>Soon after the opening bell, <keyword id="19896382" type="General" weightage="20" keywordseo="Sensex" source="keywords">Sensex</keyword> was at 72,979.48 points, up 203.34 points or 0.28%, and <keyword id="19896381" type="General" weightage="20" keywordseo="Nifty" source="keywords">Nifty</keyword> was at 22,177.15 points, up 73.10 points or 0.33%.</li><li><keyword id="20015748" type="General" weightage="20" keywordseo="foreign-portfolio-investors" source="keywords">Foreign portfolio investors</keyword> (FPIs), who continued to remain net buyers for the third month until mid-April, have cumulatively sold stocks worth Rs 8,671 crore during the month.</li></ul>Indian stock indices opened marginally in the green Tuesday, extending the positive momentum from the previous session closing, primarily due to fresh buying after the latest dip. At 9.19, soon after the opening bell, Sensex was at 72,979.48 points, up 203.34 points or 0.28 per cent, and Nifty was at 22,177.15 points, up 73.10 points or 0.33 per cent. All sectoral indices, barring Nifty pharma and Nifty healthcare index, were in the green at the time of filing this report. Over the last week, indices had slumped consistently, which analysts asserted was due to a strong US dollar, uncertainty in Lok Sabha elections outcome after a decreasing voter turnout trend seen so far in the phases that went to vote, and a profit booking after the recent rally. Also, continued selling by foreign portfolio investors (FPIs) and lower-than-expected earnings by some of the market moving corporate majors weighed on <keyword id="20030258" type="General" weightage="20" keywordseo="investor-sentiment" source="keywords">investor sentiment</keyword>. Foreign portfolio investors (FPIs) have turned net sellers in <keyword id="19965036" type="General" weightage="20" keywordseo="Indian-stocks" source="keywords">Indian stocks</keyword> lately. Foreign portfolio investors (FPIs), who continued to remain net buyers for the third month until mid-April, have cumulatively sold stocks worth Rs 8,671 crore during the month, National Securities Depository Limited (NSDL) showed. So far in May, they have sold stocks worth Rs 18,375 crore. "Under these circumstances the best option for investors is to wait and watch for a trend change, which can happen any time. Clarity on election trends is likely to come before June 4th, the counting day, and the market response can be strong. Buy on dips would be a good strategy now," said VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services. With annual <keyword id="19999652" type="General" weightage="20" keywordseo="retail-inflation" source="keywords">retail inflation</keyword> easing slightly in April, attention will now shift to wholesale inflation figures, due later in the day. SEE ALSO:<a href="https://www.businessinsider.in/tech/mobile/news/oneplus-nord-ce-4-lite-to-launch-soon-in-india-expected-price-specs-and-everything-we-know-so-far/articleshow/110076267.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/oneplus-nord-ce-4-lite-to-launch-soon-in-india-expected-price-specs-and-everything-we-know-so-far/articleshow/110076267.cms" target="_blank">OnePlus Nord CE 4 Lite to launch soon in India – expected price, specs and everything we know so far</a><a href="https://www.businessinsider.in/stock-market/news/aadhar-housing-finance-ipo-allotment-how-to-check-allotment-gmp-listing-date-and-more/articleshow/110071990.cms" target="_blank"></a> <a href="https://www.businessinsider.in/stock-market/news/aadhar-housing-finance-ipo-allotment-how-to-check-allotment-gmp-listing-date-and-more/articleshow/110071990.cms" target="_blank">Aadhar Housing Finance IPO allotment – How to check allotment, GMP, listing date and more</a><a href="https://www.businessinsider.in/tech/mobile/news/indian-smartphone-market-up-8-5g-smartphones-account-for-over-70-of-shipments/articleshow/110002512.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/indian-smartphone-market-up-8-5g-smartphones-account-for-over-70-of-shipments/articleshow/110002512.cms" target="_blank">Indian smartphone market up 8%, 5G smartphones account for over 70% of shipments</a>

Indian stocks in green for second day after heavy sell-off

In a recent notification, the <keyword id="20004725" type="General" weightage="100" keywordseo="NSE" source="keywords">NSE</keyword> (National Stock Exchange) noted that markets will remain closed on Wednesday, November 20, 2024, on account of state elections taking place in Maharashtra. However, <keyword id="19895774" type="General" weightage="20" keywordseo="BSE" source="keywords">BSE</keyword> has issued no notification on this matter so far. However, given how both the exchanges largely operate in sync, BSE is likely to declare a holiday as well. Before the elections, both BSE and NSE will be shut for trading on November 15 as well, on account of <keyword id="23718443" type="General" weightage="20" keywordseo="Guru-Nanak-Jayanti" source="keywords">Guru Nanak Jayanti</keyword>. Next month, the bourses will remain closed for regular trade on Christmas, i.e., December 25. Earlier this week, Brihanmumbai Municipal Corporation (BMC) mandated that all businesses and workplaces in Mumbai should grant paid leave on November 20, 2024, to all its employees so that they can participate in state elections. Failure to do so could mean penalties for employers. All the 288 states in the Maharashtra state assembly are set to go to polls in a single phase on November 20. <h2>Markets close the week on muted note </h2>Both Nifty and Sensex closed the week on a damp note, with Nifty dipping 0.21% to close at 24,148.20 points. On the other hand, Sensex also slipped below the 80,000 mark to close the week at 79,486.32 points. Of the 50 stocks that constitute Nifty, 23 stocks advanced during the day, while 27 saw declines. However, this week has not been all that bad for the markets, with Nifty rising 0.31% and Sensex inching up 0.65% during the last 5 days. All broad market indices fell during today's trade, with smallcaps falling by over 1.5%, while midcaps also closed the day over 1% down. As for sectoral indices, most of them ended the week in reds, with realty and media losing over 2% during trading today. Pharmaceuticals, healthcare, and consumer durables recorded marginal upticks during the day, inching up by 0.07%, 0.22%, and 0.41%, respectively. FIIs (<keyword id="19932515" type="General" weightage="20" keywordseo="foreign-institutional-investors" source="keywords">foreign institutional investors</keyword>) continued their selling spree today as well. In this month so far, FIIs have been net cash sellers, offloading around Rs 16,445.49 crore. DIIs (domestic institutional investors) have stepped in to maintain some balance by becoming net buyers worth Rs 12,265.74 crore in November till date. Shrikant Chouhan, Head Equity Research, Kotak Securities, explains that global market sentiment saw sharp volatility in the aftermath of Republicans winning all three branches of the US government, resulting in rising US bond yields and the dollar, as well as the US equity markets beating most EMs. Meanwhile, the Q2 FY25 earnings season continued to remain weak, with more misses than hits observed. <keyword id="20993056" type="General" weightage="20" keywordseo="FPI-flows" source="keywords">FPI flows</keyword> are expected to remain volatile for some time to come. Amidst emerging markets, only Brazil saw inflows worth $115 million between November 1 and 7, 2024.

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