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Despite selling Rs 74,700 crore in FY26, FIIs steadily increased stakes in 58 Indian stocks above Rs 3,000 crore market cap. Fourteen delivered 50–1,650% returns, with five becoming multibaggers, highlighting selective institutional confidence and strong stock-specific performance across sectors.
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Greenko Energies Pvt. is exploring a potential initial public offering in Mumbai. The company aims to raise up to $1 billion. This move could test investor interest in renewable energy shares. The company is backed by GIC Pte. and Abu Dhabi Investment Authority. Discussions with bankers are underway for a possible share sale this year. Details are still being finalized.
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European shares slumped to their lowest in over two months on Monday, as surging oil prices exacerbated inflation worries with ‌the U.S.- ⁠Israeli ⁠war on Iran showing no signs of slowing down.
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Global markets are grappling with a surge in crude oil prices, with Brent crude exceeding $100. Strategists note that markets are already digesting this shock, impacting Asian markets significantly. India, however, may face less downside due to its recent economic efficiency and ability to purchase Russian oil, though the duration of the conflict remains a key factor.
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The surge in crude oil prices triggered a sharp selloff in Indian equities on Monday. The benchmark BSE Sensex fell nearly 2,400 points shortly after opening, while the Nifty 50 dropped more than 700 points, before recovering some of the losses. All sectoral indices were trading in the red.
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