Mumbai: Foreign portfolio investors sold shares worth ₹20,000 crore across 13 sectors between September 1 and 15, according to data from the National Securities Depository (NSDL). Mining, metals, power, oil and gas, telecom, and construction materials are among the sectors that saw foreign investors booking profits. After selling metals and mining shares worth ₹7,000 crore … Read more
Synopsis The share of sticky foreign funds – these include global central banks, pension funds, sovereign funds, and entities where a majority stake is owned by governments – in equity assets held by foreign portfolio investors rose to a record 24.30% last month, data from NSDL show. The increased share of sticky funds is an … Read more
(This story originally appeared in on Jun 16, 2022) Mumbai: Net foreign fund outflow from India in 2022 has crossed the Rs 2-lakh-crore mark, the biggest annual figure ever and more than double the previous high of Rs 80,917 crore recorded in 2018. Of the total, over 90%, or about Rs 1.9 lakh crore, was … Read more
Mumbai: The central bank has raised the limit for foreign funds to invest in Indian debt under the voluntary retention route (VRR) by ₹1 lakh crore to ₹2.5 lakh crore, potentially helping lower bond yields in a year that will likely see higher federal and state borrowing. The new threshold is effective April 1, which … Read more
Mumbai: The relentless selling of Indian stocks by foreign funds in the past four months has been the longest in the past five years. With the US Federal Reserve on course to withdraw liquidity in the wake of inflationary pressures, market participants expect outflows to continue in the near future, which could cause wild swings … Read more
During the three years up to 2018-19, over Rs 58,000 crore of foreign funds have been received by non-government organisations (NGOs). The rising quantum of funds, received by those registered under the Foreign Contribution (Regulation) Act (FCRA), 2010, could have prompted GoI to usher in tighter controls. The avowed objective of the amendments is to … Read more
Mumbai: The record high forex reserves of $516 billion, of which $81 billion added since governor Shaktikanta Das has assumed office, will help greater foreign fund inflows and lower the cost of overseas funds for corporates, says a report. Governor Das’ efforts since assuming office in December 2018, resemble those of the Bimal Jalan-YV Reddy … Read more