HighPositive
Announced Sat, 18 Jul · 09:30 IST

D-Street bucks Asian markets' meltdown

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Indian benchmark indices Nifty 50 and Sensex rose 1.1% and 1.25% respectively on Friday, bucking sharp selloffs across Asian markets such as Japan (down 4.03%), Taiwan (down 6.5%) and China (down 3.05%). Analysts attributed the decoupling to India's limited AI exposure, while Nifty IT, Bank Nifty and the Auto index gained 1.75%, 1.6% and 1.2%. FPIs net sold shares worth 376 crore even as DIIs net bought 1,018 crore, and Brent crude rose to $86 per barrel on West Asia tensions.