Opening Bell : Benchmarks likely to make positive start amid FIIs inflows
Indian equity markets are likely to make a positive start on Thursday, supported by continued buying from foreign investors. Foreign Institutional Investors (FIIs) remained net buyers, purchasing equities worth Rs 1,962.80 crore on Wednesday. However, sentiments may remain subdued due to renewed geopolitical tensions and a spike in crude oil prices.
Some of the key factors to be watched:
IMF pares India’s growth forecast to 6.4% for 2027 fiscal from 6.5% in April: The International Monetary Fund (IMF) said that India’s economy is expected to grow at 6.4 per cent in fiscal year 2027, a tad slower than the 6.5 per cent projected in April.
Jaishankar meets Kuwait’s Crown Prince to discuss ways to enhance bilateral cooperation: External Affairs Minister S Jaishankar met Kuwait’s Crown Prince Sheikh Sabah Al-Khaled Al-Sabah and the two leaders discussed ways to enhance the bilateral cooperation in various fields as well as developments in West Asia.
India, Maldives conclude talks for investment treaty: India and the Maldives have concluded negotiations for a bilateral investment treaty (BIT), and the text is undergoing legal scrubbing before the deal is signed. The two countries are also fast-tracking negotiations for the proposed free trade agreement (FTA).
India emerges as global manufacturing powerhouse amid supply chain shifts: A study by Assocham said India is rapidly strengthening its position as one of the world's leading manufacturing destinations and is emerging as a major beneficiary of the ongoing realignment of global supply chains.
India could become potential partner in infra development in South Africa: India's Consul General in Johannesburg, S Koventhan, said that Several Indian companies have a proven track record in rail network, port modernisation and power systems, and the country could become a partner in the development of infrastructure projects in South Africa.
Global front: The US markets ended mostly in red on Wednesday, amid renewed tensions between the United States and Iran. Asian markets are trading mostly lower on Thursday, following the mixed cues from Wall Street overnight.
Back home, Indian equity benchmarks witnessed a sharp sell-off and ended over 2 per cent lower on Wednesday as US President Donald Trump declared the interim peace deal with Iran is 'over' following Iranian attacks on commercial vessels in the Strait of Hormuz, reigniting geopolitical tensions and raising fresh concerns over global energy supplies. Finally, the BSE Sensex fell 1677.12 points or 2.15% to 76,503.60 and the CNX Nifty was down by 516.65 points or 2.12% to 23,882.05.
Some of the important factors in trade:
FDI inflows into India surge by 44% in 2025 amid policy push, focus on manufacturing: The United Nations Trade and Development (UNCTAD), in its ‘2026 World Investment Report’ has said that foreign direct investment (FDI) inflows into India increased by 44 per cent to $39 billion in 2025.
NBFC lending against gold jewellery witnesses 70% growth in May: The Reserve Bank of India (RBI) in its latest report has said that outstanding credit extended by non-banking financial companies (NBFCs) against gold jewellery witnessed the fastest growth among all lending segments in May 2026, surging nearly 70 per cent year-on-year.
Guaranteed credit under ECLGS 5.0 reaches Rs 1.55 lakh crore: The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has witnessed strong traction since its rollout, with 4,11,497 guarantees issued and the guaranteed amount touching Rs 1,55,229 crore, underscoring its widespread adoption across the financial sector.
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