February 25 (Reuters) – India’s benchmark index may have little change on Tuesday after the losses of the last meeting, suppressed by continued sell-offs by foreign investors and abandonment of weak global sentiment.
Gift Nifty Futures, which is trading at 22,582.5 as of 7:39 am IST, suggesting that the Blue-Chip Nifty 50 will be open at 22,553.35 at the end of Monday.
Asian markets glided in early industry, with Japan’s MSCI Asia down 1.2%, reflecting U.S. overnight losses
U.S. President Donald Trump commented that tariffs on Canada and Mexico were “on-time and on-time” and his decision to limit China’s investment in strategic areas was the emphasis on investor sentiment that day.
India’s benchmark ended for the fifth straight month on Monday, closing their lowest levels in nearly eight months and fears U.S. growth slowed down domestic investors.
Interim data showed FPI sold Rs 62.87 crore ($724.9 million) in shares on Monday, the highest single-day outflow in India’s stocks for six weeks.
Except in October 2024, when the ongoing sell-off began, foreign investors had $3.12 billion of stocks off the stock so far in February.
The benchmark has fallen by as much as 14% since late September, and the fifth straight month of losses was the first loss since 1996.
**Oil and gas companies will invest Rs 1,2 billion through a subscription to rights issues in their subsidiary ONGC Green.
**Renewable Energy Development Agency shareholders approved a proposal to raise up to Rs 50 billion through qualified institutional equity shares. ($1 = INR 86.7230) (Report by Vivek Kumar M; Edited by Sumana Nandy)
