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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence Fed, FPIs & Budget Watch | Indian Equities The Fed Held, the Foreign Funds Flinched, and Delhi Is Listening: Where Indian Equities Go From Here The Fed held at 3.75%–4.00% on a 10–2 vote. FPIs have sold a record ₹3.07 lakh crore through 23 October. Delhi is reportedly weighing an LTCG cut. And on 27 October, the Nifty Smallcap 100 jumped 2.70% in a single session. Wednesday, 28 October 2026, gave Indian markets a rare thing: a day without a nasty surprise from Washington. The Federal Reserve kept its policy rate unchanged at 3.75%–4.00%. Nifty closed at 22,698.85, down just 0.22%, after Sensex had been down nearly 1,000 points at the intraday low. Then came the numbers that matter more. According to provisional NSE data, FII/FPIs were net buyers on the day. Across NSE, BSE and MSEI combined, they bought a net ₹871.83 crore, against DII net buying of ₹643.35 crore. It is one session, and it f...

 Today's Call 

Buy the shares of MEP Infrastructure Ltd (Rs. 8.77) for targets of Rs.17 and Rs.21. 

On 17 June, 2024 the ET reported quoting its Chairman that,  MEP Infrastructure Developers (MIDL) will submit a plan under Section 12A of the Insolvency and Bankruptcy Code (IBC) and seek a settlement with lenders. 2nd Photo: The Economic Times.

Average/Accumulate the shares of Vodafone Idea Ltd (Rs.15.15), J P Associates Ltd (Rs.9.76), Moons Technology Ltd (Rs.483), Adani Wilmar Ltd (Rs.372) in any market dip.

Meanwhile  Devyani International Ltd (Rs.173) came out with impressive set of numbers for the June, 2024 quarter. 

The company has reported a consolidated net profit of Rs.22.4 crore in Q1 FY25 as against a net loss of Rs 1.6 crore in Q1 FY24. Revenues from operation increased by 44% year-over-year to Rs.1,221.9 crore in the June’24 quarter. Accumulated!

#The selling in Indian bourses is basically due to unrest in Bangladesh. The government of India is keeping a close eye on the situation. I hope the things will get streamlined soon, with effective measures implemented by the Hasina Wazed government in Dhaka.

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