Mumbai: As India’s equity indices swung between gains and losses on Tuesday, the focus of index traders was whether the Nifty would close below the key support level of 16,950-17,000. With the Nifty on Tuesday managing to close above 17,000 for the second day after declining below it earlier in the session, market participants are … Read more
NEW DELHI: US Fed Chair Jerome Powell’s ultra hawkish speech at the Jackson Hole symposium last Friday scared equity bulls enough to lead a spike in both the US dollar index and bond yields but failed to control the enthusiasm of foreign institutional investors or FIIs betting on India. FIIs ended up pouring over Rs … Read more
Boosted by a strong retail push, domestic institutions are closing in the gap with foreign portfolio investors (FPIs) to be a dominant force on Dalal Street. At the end of the June quarter, DII holding was just 26.77 per cent lower than FPI holding against 31.99 per cent at the end of March quarter. This … Read more
For majority of investors, this is the first cycle they are witnessing. Pre-covid, the participation in equity markets was three per cent, which has now risen to seven per cent, which is a clear indication of how retail investors have come pouring into the markets. Considering the high returns of 2020 and 2021, there was … Read more
NEW DELHI: Banking and IT are the two sectors, which saw a bulk of foreign equity outflows on a trailing 12-month basis. In its latest report, said the bulk of the FPI selling on a 12-month rolling basis has been concentrated around financials and IT, with a 93 per cent contribution along with FMCG, other … Read more
Technical and derivative analysts expect the Nifty to rise further in the coming week, up to 16,000 levels. The Nifty gained 2.7% last week to 15,699.25, outperforming most of the Asian peers. SUDEEP SHAH HEAD, TECHNICAL & DERIVATIVES RESEARCH, SECURITIES What should investors/traders do? Investors should look to buy the dips until 15,450 levels are … Read more
New Delhi: Foreign investors continue to desert Indian equity markets and pulled out close to Rs 46,000 crore so far this month following monetary policy tightening by the Reserve Bank and US Federal Reserve, high oil prices and volatile rupee. The net outflow by foreign portfolio investors (FPIs) from equities reached Rs 2.13 lakh crore … 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
NEW DELHI: A consistent phenomenon in the domestic equity markets over the last eight months has been sales by foreign portfolio investors amid surging global commodity prices and the Federal Reserve’s aggressive rate hike plan to tame inflation in the US. So far in 2022, Foreign Portfolio Investors (FPI) have net sold a massive Rs … Read more
Month of May was particularly bad for IT stocks, as reflected in about 6 per cent drop in Nifty IT index. The main reason for such a fall is now crystal clear – data released by NSDL shows foreign portfolio investors (FPIs) sold stocks worth over Rs 16,000 crore from the sector amid volatile rupee. … Read more