Page 8 - Latest Updates on FPI
FPI invest Rs 43,838 cr in India in May, likely to continue in June
FPIs are likely to continue their investment in India in June too since the latest GDP data and high frequency indicators reflect a robust economy gaining further strength
 "FPI invest Rs 43,838 cr in India in May, likely to continue in June")
FPI flows likely to trip on Sebi's stricter ownership disclosure rules
Such investors could reduce their exposure to evade 'high-risk' tag and shift to friendlier jurisdictions, say experts
 "FPI flows likely to trip on Sebi's stricter ownership disclosure rules")
Sebi proposes enhanced disclosure requirements for high-risk FPIs
To be unconstrained by any materiality thresholds set by PMLA or secrecy laws: Sebi paper
FPI identification pursuit a 'journey without destination': Expert SC panel
Sebi has drawn a blank while investigating foreign hand in Adani firms, says top court-appointed committee report
 "FPI identification pursuit a 'journey without destination': Expert SC panel")
Foreign portfolio investment in equities drop 11% to $542 bn in Jan-Mar qtr
The value of FPI in equities was at $542 billion in March quarter of 2023, a decline of 11% from preceding year, largely due to exodus of foreign money from domestic market, according to Morningstar
 "Foreign portfolio investment in equities drop 11% to $542 bn in Jan-Mar qtr")
Stable macro data, earnings trigger FPI buying in shares in April: NSDL
The benchmark Nifty 50 jumped 4.06% in April, its best month since November, aided by the stable earnings as well the return of the FPIs into domestic equities
 "Stable macro data, earnings trigger FPI buying in shares in April: NSDL")
Paytm posts updated shareholding for Q4 FY23, FPI almost doubles
Domestic institutional shareholding has grown from 1.9 per cent to 3.2 per cent with mutual funds (MFs) and alternate investment funds (AIFs) increasing their stake
 "Paytm posts updated shareholding for Q4 FY23, FPI almost doubles")
Mauritius down; Norway, Singapore gain as FPI destinations in FY23
The total assets under custody (AUC) from Mauritius declined nearly 42 per cent to Rs 3.25 trillion at the end of March 2023, from Rs 5.55 trillion a year ago.
 "Mauritius down; Norway, Singapore gain as FPI destinations in FY23")
Street signs: Nifty faces resistance, cigarette stocks, and more
Tobacco manufacturer ITC, Godfrey Phillips India, and VST Industries have gained since the Union Budget on February 1, even as the benchmark Sensex declined close to 3%
 "Street signs: Nifty faces resistance, cigarette stocks, and more")
JP Morgan revises Reliance Industries stock target price, sees 33% uptick
The brokerage said it sees continued strength in the refining business, a likely rebound in petrochemical spreads from decadal low levels from China re-opening
 "JP Morgan revises Reliance Industries stock target price, sees 33% uptick")
FPIs seek six more months from FinMin to comply with PMLA tweaks
To make a representation to FinMin for relief
 "FPIs seek six more months from FinMin to comply with PMLA tweaks")
Fear grips D-Street: Markets hit five-month lows over SVB crisis
Sensex, Nifty plunge 1.5% amid contagion fears
 "Fear grips D-Street: Markets hit five-month lows over SVB crisis")
Street signs: FPI flows turn net buyers, Tata Tech shares firm up, and more
On a year-to-date basis, FPIs have been net sellers to the tune of Rs 20,606 crore
Global trends, FPI trading activity to drive mkts in shortened wk: Analysts
Equity markets would be mainly driven by global trends and foreign fund trading activity in the holiday-shortened week, analysts said
 "Global trends, FPI trading activity to drive mkts in shortened wk: Analysts")
Rupee records best one-day rise against US dollar in nearly 4 months
Adani-related flows, weaker dollar index push Rs up to one-month high
 "Rupee records best one-day rise against US dollar in nearly 4 months")
YES Bank, PolicyBazaar added to FPI cart in October-December quarter
FPI holding rose to 20.18%, reinforced by Rs 47,349-crore inflows
 "YES Bank, PolicyBazaar added to FPI cart in October-December quarter")
FPIs' exodus continues; take out Rs 9,600 cr from equities in Feb
One of the prominent reasons for this net outflow is higher valuation of Indian equities as against some of the other comparable markets
 "FPIs' exodus continues; take out Rs 9,600 cr from equities in Feb")
Global economic factors, recessionary fears led to FPI sell-off: Eco Survey
In addition, investors were sitting on gains from Indian stocks that could be realised to offset losses elsewhere, the survey noted
FPIs warm up to finance and FMCG stocks in December, shows data
Rising credit growth, falling NPAs responsible for the pivot
 "FPIs warm up to finance and FMCG stocks in December, shows data")
FPIs sold for 11 consecutive days; cumulative selling at Rs 14,300 crore
FPIs have turned sustained sellers in the Indian market and sold for 11 consecutive days taking cumulative selling to Rs 14,300 crore, says V.K. Vijayakumar
 "FPIs sold for 11 consecutive days; cumulative selling at Rs 14,300 crore")