FIIs

The Indian stock market posted robust gains on Friday, April 10, with both benchmark indices climbing over 1% each. While some of the global triggers continue this week, read on to know what are the fresh factors to watch out for this week.

FIIs have reduced their stake in HDFC Bank in the March quarter amid a sharp decline in its shares, the sudden resignation of its chairman and de-rating amid macro concerns.

The Indian stock market extended its losing streak for a sixth straight week on escalating geopolitical tensions in the Middle East. While some of the global triggers continue this week, read on to know what are the fresh factors to watch out for this week.

The ongoing US-Iran conflict has led to significant losses in the Indian stock market, with investors losing over ₹41 lakh crore and FIIs selling more than ₹1.3 lakh crore in stocks. Experts suggest that if the situation stabilizes, a market recovery could be on the horizon.

FIIs were net sellers on every single trading session in March, which tells you this was not tactical profit-booking but a structural reallocation away from India and emerging markets more broadly.

India remains on the FII sell list alongside other emerging markets; while selling has moderated week-on-week, it is too early to conclude that the trend has turned positive.

According to Seema Srivastava, Senior Research Analyst at SMC Global Securities, FIIs have recently been net sellers of Indian equities, due to heightened geopolitical tensions between the United States and Iran.

FIIs sold shares worth ₹12,048.29 crore in early March due to geopolitical tensions. While DIIs bought stocks totaling ₹12,068.17 crore, experts suggest FIIs may hold off on investments until crude prices stabilize and geopolitical clarity improves.