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
Nearly 43 lakh new demat accounts were added in February taking the overall tally to 14.80 crore accounts according to estimates by Motilal Oswal. Meanwhile, the average monthly additions were 21 lakh in FY23. Central Depository Services (India) Limited continued its market dominance gaining market share in February 2024 in terms of the total number … Read more
Foreign institutional investors turned net buyers of equities in the week ended February 23, and the strong inflows drove benchmark indices to record highs. Foreign portfolio investors net bought Indian equities worth Rs 4,398 crore last week, according to NSDL data. This is against them selling shares worth over 2,500 crore in the preceding week. … Read more
ET Intelligence Group: If you thought D-Street has primarily an American accent, you might need to visit Mumbai again. Last year, funds based in Ireland, Norway, Luxembourg, and Japan raised their bets on India, ploughing in record funds into local risk assets.Ireland’s share in the equity assets under management (AUM) of foreign portfolio investors witnessed … Read more
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
India’s largest depository National Securities Depository Limited (NSDL) has filed its Draft Red Herring prospectus with the Securities and Exchange Board of India (Sebi) for an IPO. The IPO, which is an offer for sale (OFS) of 57,260,001 shares, will see IDBI Bank, NSE, SBI, HDFC Bank and Union Bank of India paring stakes. Post … Read more
NEW DELHI: The world over investors have been dumping bank stocks in the wake of the banking turmoil in the US and Europe but foreign institutional investors (FIIs) are singing a different tune when it comes to India. Market data shows that FIIs ended up buying financial stocks worth about Rs 2,800 crore in the … Read more
NEW DELHI: Foreign institutional investors, who have been on a selling spree in the last few months, sold Indian stocks worth over Rs 10,000 crore in 3 old economy sectors – metals, power and oil and gas – last month. NSDL data shows that the worst sell-off was in the oil and gas sector, with … Read more
FPIs have remained net buyers in the sector in each of the past four months with an average inflow of $198 million (Rs 1,480 crore) on a fortnightly basis. Synopsis Aided by higher commodity prices, the Nifty Metal index has outperformed the benchmark Nifty 50 by 17% since the beginning of 2022. The metal index … Read more
Synopsis The ETF managed by Nippon India Asset Management saw 88,117 trades, with 75% of the volume marked for delivery amidst a sharp correction in the Nifty 50 index by 2%. In the same session, the total Nifty50 ETF volume was ₹281 crore, with the balance coming from ETFs like SBI, ICICI, and HDFC among … Read more