FIIs pull out over Rs 1 Lakh crore in 2025; Jim Rogers' contrarian bet: “Time to invest in India when it's depressed”

SpiceJet shares in focus on posting Rs 26 profit in Q3 vs loss a year ago

The Economic Times reports that foreign institutional investors (FIIs) pulled out of the Indian equity markets to the tune of over Rs 1 lakh crore in 2025, marking a significant shift in investment activity.

Meanwhile, renowned investor Jim Rogers, known for his contrarian bets, believes that the time to invest in India is when it's depressed, going against the grain of the FII outflows. Rogers, however, prefers to invest in the Indian people rather than the government, highlighting his focus on grassroots opportunities.

In other news, SpiceJet shares were in focus after the airline posted a surprising net profit of Rs 26 crore for the third quarter, turning around from a year-ago loss.

Moreover, Tata Power shares rose after the company signed an MoU with the Assam government for setting up renewable energy projects with a total capacity of 5,000 MW in the state.

On the global scene, the US and Ukraine struck a deal for cooperation in minerals and critical materials, aiming to reduce reliance on China for key resources.

The US government also revealed that over 20,000 illegal migrants have been apprehended since President Trump's first month in office, highlighting the administration's efforts to curb illegal immigration.

Bain Capital is reportedly considering selling Rocket Software for about $10 billion, as the private equity firm seeks to exit the software company.

Furthermore, KPI Green Energy shares were in focus after the company signed an MoU with the Madhya Pradesh government for setting up renewable energy projects with a total capacity of 1.8 GW in the state.

President Trump revoked Chevron's license to sell gasoline and diesel in Venezuela, citing the lack of progress in holding free and fair elections in the country.

Wipro shares rose on reports that the company plans to invest Rs 1,740 crore in new ventures through Wipro Ventures this year.

The Supreme Court blocked an order that would have forced the Trump administration to release billions of dollars in foreign aid, halting a legal battle over the matter.

With smallcaps showing promise and largecaps seemingly fully valued, Dhananjay Sinha from IIFL Securities provides his take on which segment offers better opportunities for investment.

Delhi residents can expect thunderstorms later today, bringing a respite from the scorching heat that pushed the city's temperature to a 17-year high.

Finally, Sam Pitroda, a close aide of former Prime Minister Rajiv Gandhi, refuted claims of owning land, a house, or stocks in India, dismissing allegations of personal wealth.

EBay's third-quarter revenue forecast fell short of analysts' expectations as the e-commerce giant anticipates weak consumer demand to continue in the coming months.