- As per astrology view, key turning dates are 8th, 10th, 12th, 15th & 18th June 2026. Stock-specific wild volatility likely this week.
- Negative for bulls: FPI cumulative net investment in Indian equities slipped to Rs.7.3 trillion as of June 1, the lowest since 2016, reflecting weak foreign investor interest in India’s Rs.4.8 trillion stock market. India has slipped to 7th globally, with Taiwan & South Korea overtaking it. Government should reduce STT & long-term capital gains tax to attract FFIs, FPIs & NRIs as per market grapevine.
- Big alert: SIP stoppage ratio crossed 100%. SIPs discontinued exceeded new SIP registrations in March-April. Prolonged flat-to-negative markets may test investor patience. Unique mutual fund investor additions hit a 3-year low, while SIP remains the key support pillar for markets.
- As per market veteran, FFIs are waiting for value & time correction before raising allocations. H1FY27 may remain impacted by the West Asia crisis, El Niño, inflation & possible rate hikes. Earnings estimate cuts may continue every season. However, Indian corporates remain highly adaptive. Power transmission, data centres, AI, defence & pharma sectors look promising. Removing interest tax & capital gains tax could help attract capital inflows. South Korea has overtaken India as the world’s 6th-largest stock market.
- Big negative for investors, bulls & the Indian economy. The United Nations and World Meteorological Organization warned that a dangerous El Niño phase may intensify in coming weeks, potentially triggering severe weather conditions, higher temperatures & inflationary pressures. If prolonged, it could severely impact India’s monsoon, economy & consumption trends.
- Vijay Kedia shared views on X urging the government to abolish long-term capital gains tax on listed equities. He stated that long-term investors provide patient risk capital, helping businesses expand, create jobs & strengthen India’s economy. According to him, tax policies should encourage investments into productive businesses instead of passive assets like gold.
- Big alert: As per market grapevine, both Iran & the USA appear to be buying time without major escalation or de-escalation. Higher crude prices are benefiting oil-exporting nations & global arms firms, while India remains the biggest victim due to heavy crude imports. If the Strait of Hormuz does not reopen fully within the next 20-30 days, it may turn highly negative for India’s economy, with inflation likely to rise sharply.
