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
Foreign investors net sold Indian equities worth over $4.6 billion (₹35,000 crore) in May so far – the highest in emerging markets – amid concerns over the possibility of a recession in the US, rising interest rates and a firming dollar. This flow included their activity both in secondary and primary markets. Only on the … Read more
Over the last eight months, foreign portfolio investors (FPIs) have dumped Indian stocks at a pace comparable only with that of the Global Financial Crisis, with their net sales crossing the Rs 2 lakh crore mark earlier this month. There are several factors prompting overseas investors to exit Indian stock markets in droves. Stretched valuations, … Read more
NEW DELHI: Top 10 FPI favourite stocks in the BSE500 pack are facing heavy selling pressure, as the institutional category continued to dump domestic equities, in the light of record low rupee, high valuations and better opportunities elsewhere. Data showed eight of the top 10 FPI-owned stocks saw cuts in institutional exposure in the March … 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
Mumbai: Foreign funds have stepped up their opposition to the Securities and Exchange Board of India (Sebi) plan to shift to a shorter T+1 settlement cycle. Three leading offshore fund lobby groups – the Asian Securities Industry and Financial Markets Association (ASIFMA), Traders Forum of Hong Kong and the UK-based Investment Association – have sent … Read more
NEW DELHI: The government’s passing of Taxation Laws (Amendment) Bill, 2021 to nullify retrospective tax demands will give the divestment plans a major lift. While it may add nothing to the Nifty50 target in the near future, it will increase FDI flows in the medium term, analysts said. The development sent shares of Vodafone Idea … Read more
MSCI praised the Indian government’s decision to revamp the limit monitoring mechanism for FPIs. Synopsis India is a part of several MSCI indices including the much-coveted MSCI Emerging Markets index where the country holds 10% weight and is the fourth-largest constituent after China, Taiwan and South Korea. Separately, MSCI also maintains an India-specific index and … Read more