Mumbai: JP Morgan Chase Bank has settled a securities law violation case with the Securities and Exchange Board of India (Sebi) by paying ₹22 lakh as settlement charges. On August 9, 2021, designated depository participant J P Morgan Chase Bank (JPMC), informed Sebi about the delay in intimating about the merger of Fidelity Investments Money … Read more
Foreign portfolio investors (FPIs) looking to avoid making greater disclosures are likely to be given a shorter deadline to pare their investments than what was originally planned by the capital market regulator. The custodians of these foreign funds have told the Securities and Exchange Board of India (Sebi) that existing FPIs can cut their investments … Read more
Securities and Exchange Board of India (Sebi) on Wednesday floated a consultation paper for public comments to frame guidelines on additional public disclosures by the foreign portfolio investors (FPIs) with assets under management (AUM) of over Rs 25,000 crore in India equity. Moreover, existing high-risk FPIs, which have more than 50% concentration threshold in a … Read more
Automakers’ focus on cost control is also helping margins surge to new highs, although volume still has not reached the pre-Covid level. Synopsis Auto sector inflow accounted for 21% of the total FPI inflow of $5.4 billion from the beginning of the current fiscal year. This is the second-biggest inflow to a sector after financial … Read more
After withdrawing record funds in 2021-22, foreign portfolio investors (FPIs) continued their sell-off in the last fiscal too and pulled out Rs 37,631 crore from Indian equities amid aggressive rate hikes by central banks globally. The outflow trend is likely to reverse in the current financial year since India has the best growth potential in … Read more
Foreign investors have turned cautious and pulled out Rs 2,313 crore from Indian equities so far this month ahead of the release of Federal Reserve’s latest meeting minutes. However, the pace of selling has come down compared to January, when Foreign Portfolio Investors (FPIs) took out Rs 28,852 crore. This was also the worst outflow … Read more
Global economic factors such as inflationary pressures, monetary tightening by central banks, and recessionary fears in advanced economies exerted pressure on FPIs to sell in Indian markets, Economic Survey 2022-23 said on Tuesday. In addition, investors were sitting on gains from Indian stocks that could be realised to offset losses elsewhere, the survey noted. These … Read more
India offers many unique characteristics which gives an opportunity to global investors to make dedicated allocations towards this emerging market, but it’s unlikely that it will outpace China, believes Venkatesh Sanjeevi of Franklin Templeton Asset Management. “The market cap of Chinese stocks is $13 trillion vs around $3 trillion for India. So, it is unlikely … Read more
After investing over Rs 36,200 crore last month, foreign investors continued their positive momentum and have injected a net Rs 10,555 crore in Indian equities so far in December amid stabilisation in oil prices and moderating US inflation. Going forward, FPI flows are expected to be volatile amid equity markets worldwide witnessing increase in volatility … Read more
Foreign investors have upgraded India as a dedicated allocation in their investment portfolios given the strong economy, stable government and significant reforms undertaken over the last eight years, equity experts have said. According to the experts, who participated in Futures Industry Association (FIA) Asia trade conference held in Singapore from November 29 to December 1, … Read more