A strong March rally is now uncertain as Foreign Institutional Investors sold off over Rs 10,255 crore in Indian stocks. As markets await US President Trump's tariff announcement, concerns about potential global risks loom. Experts suggest that while volatility may persist, long-term investors could cautiously start deploying capital, given India's robust economic fundamentals.
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Foreign portfolio investors continued their selling spree, withdrawing Rs 34,574 crore from Indian equities in February due to concerns over India's economic outlook and a strengthened US dollar. This persistent outflow has led to increased market volatility, with 2025 FPI equity sales reaching Rs 1,12,601 crore.
One in five ultra-wealthy Indians with net worth over Rs 25 crore consider settling abroad for better investment and tax advantages, according to Kotak Mahindra Bank’s survey. A significant number are acquiring overseas real estate and diversifying portfolios globally. Succession planning and healthcare spending are rising priorities, driven by the pandemic. Education and collectibles also see increased interest.
Bank credit and deposit growth in India slowed in the October-December quarter of 2024. Notably, personal loans and credit to key sectors saw a decline, while public sector lending picked up. Term deposits grew significantly, driven by higher interest rates and large-value deposits.
Moody's indicates that most Indian companies are shielded from rupee depreciation because of mitigating factors, whereas govt-owned oil marketing companies, Ola, and UltraTech Cement are adversely affected. OMCs experience a currency mismatch with rupee-linked marketing revenues and US dollar feedstock costs, which are partially offset by US dollar-linked fuel sales and government support.
UCO Bank reports strong annual growth for the quarter ending December 2024 with a 12.18% increase in total business, reaching Rs 4.88 lakh crore. Key drivers include a 16.20% rise in total advances and a 9.37% boost in deposits. The CASA ratio remains stable, while the CD ratio improves significantly to 74.55%.
Leave Travel Allowance (LTA) allows salaried employees to claim tax exemptions on travel expenses within India. LTA can be claimed for a maximum of two journeys within a four-year block. Only transportation costs, such as airfare or train tickets, are covered. To claim LTA, employees must submit original travel documents and proof of expenses.
Foreign investors have been selling Indian equities rapidly since the start of 2025, with outflows nearing Rs 1 lakh crore. This sharp shift follows US President Donald Trump's return to the White House, leading investors to favor the American economy.
Coca-Cola has sold a 40% stake in its Indian bottling arm, Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL), to Jubilant Bhartia Group. This strategic move aligns with Coca-Cola's global asset-light strategy.
Adani Green Energy Ltd (AGEL) recorded an over 85% rise in consolidated net profit to Rs 474 crore in the December quarter due to higher power supply revenues. The company also expanded its operational capacity by 37% YoY with new power plants and increased energy sales by 23% YoY.
Wall Street and global markets plummeted after President Trump's announcement of new global tariffs, intensifying trade war fears. The S&P 500, Dow, and Nasdaq futures saw significant drops, while oil prices and the US dollar also fell. Economists warn that these tariffs could slow growth, increase inflation, and heighten economic uncertainty worldwide.