Foreign institutional investors (FIIs) continued their selling spree on Thursday, offloading Indian equities worth Rs 6,867.72 crore even as domestic buyers remained net buyers at Rs 3,718.38 crore. Notwithstanding the sell-off by foreign investors, Indian headline indices on Thursday ended in the green for the second day in a row aided by strong gains in … Read more
Mumbai: BlackRock is positioning its recently launched Indian government bond exchange-traded fund (ETF) as a “one-stop shop” for foreigners to deploy money in relatively high-yielding local sovereign debt, without navigating multiple layers they would otherwise confront to trade here, said an executive. “On the bond side… the meat of the discussion is still about just … Read more
Sandip Sabharwal, asksandipsabharwal.com, says “the markets have corrected and people are correlating it to what might happen in the election. I do not think that is the right way to do it. I think markets fall under their own weight when they become overweight. So, the Indian market became overweight and is correcting a bit. … Read more
Mumbai: Battered shares of fast-moving consumer goods (FMCG) companies received the highest flows from foreign investors across sectors in the first half of March as they saw value in these stocks after their underperformance in recent years. The FMCG sector received the highest inflows of ₹11,180 crore after witnessing selling worth ₹4,472 crore last month. … Read more
India has become one of the most attractive destinations in the world for foreign investment, but there is a need to level up those states in the country that have fallen behind, said Lord Gerry Grimstone, chairman, Gemcorp Capital Management. The former UK minister for investment said, addressing a session on ‘Unlocking Growth through Foreign … Read more
After months of buying, foreign portfolio investors are turning a blind eye to Indian equities in the month of January amid concerns over high valuations and uncertainty around global interest rates trajectory. In the week gone by, FPIs net sold shares worth over Rs 21,000 crore, signalling a sudden shift in the strategy. So far … Read more
Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch has informed that the capital markets regulator is working in tandem with mutual fund houses to bring down the minimum investment requirement under the systematic investment plans (SIPs). Madhabi Puri said that she asked some of the mutual fund houses whether an SIP of … Read more
After infusing a staggering amount in Indian equities in the past three months, the pace of inflow from foreign investors ebbed in August with a net investment of Rs 10,689 crore on higher crude oil prices and resurfacing of inflation risks. Further, markets could remain volatile in the coming week due to macroeconomic uncertainty and … Read more
“India is now a growth market. We are coming out of a phase from 2018 to 2022 when the economy was not really growing. Now, with the help of government‘s impetus on infrastructure, on manufacturing, the economy is picking up,” says Aditya Shah, Founder, Hercules Advisors.Typically investors look at stocks that are going to give … Read more
As headline indices Sensex and Nifty scaled new all-time peaks, foreign institutional investors or FIIs invested about $2.7 billion on Indian stocks in just 5 trading days of this week. The fresh round of inflow comes in even as 93% of Wall Street traders are presuming that the US Fed will hike interest rates by … Read more