Foreign institutional investors (FIIs) sold Indian equities worth Rs 17,140 crore last week, pushing April's total outflow to Rs 43,967 crore. The broader 2026 exodus now stands at Rs 1.75 lakh crore, making this one of the most sustained stretches of foreign selling in recent memory. Two forces are driving the exits: geopolitical uncertainty and a market that lacks a clear sector leading the recovery. When no single industry is pulling indexes higher, foreign funds tend to cut exposure and wait for a cleaner signal before returning. Domestic indexes have taken sharp hits as a result. FII selling at this scale removes significant buying support from the market, which amplifies downward moves when retail and domestic institutional buying is not strong enough to absorb the pressure. The next major trigger is the US Federal Open Market Committee rate decision, followed by the Bank of Japan's policy meeting. Both events shape how global funds allocate between emerging markets like India and developed-market assets. The direction of FII flows in the coming weeks will likely hinge on what these central banks signal.
The Indian government has launched an OFS to sell up to 6.5% of its LIC stake, opening for non-retail investors on August 4, 2026, at a floor price of Rs 382 per share, about 11% below Monday's close. The discounted offering is likely to pressure LIC shares in the near term as supply increases sharply.
More than a dozen major Indian companies including Bharti Airtel, ONGC, Pidilite, Nykaa, DLF, and Ather Energy report April-June 2026 earnings on August 4. Results span telecom, energy, consumer goods, real estate, and EV sectors, giving markets a broad read on corporate health mid-earnings season.
Amazon shares hit a new all-time high Monday, pushing its market cap above $3 trillion following a sustained post-earnings rally. The milestone places Amazon among the very few companies globally to reach this valuation, with investor focus on AWS and advertising growth driving the move.
Sensex Gains 500 Points as Oil Falls on Iran Talks
The Sensex rose around 500 points and the Nifty crossed 24,500 on Monday after Donald Trump announced talks with Iran, pushing oil prices lower. IndiGo, ITC, FMCG, and metals led the gains as cheaper crude eased cost and inflation concerns.
