Explore Business Standard
Equity market corrections following the Middle East conflict present a "tremendous opportunity" for foreign portfolio investors to up their bets in India, a senior Sebi official said on Thursday. Kamlesh Chandra Varshney, a whole-time member at the capital markets regulator, said the Indian capital market is "quite attractive" now and presents a good opportunity to investors registered as FPIs. "There is a tremendous opportunity to invest in the Indian equity market with the kind of direction which has taken place now in the last few months, particularly after the war that has broken out," he said, speaking at a Russia-India forum for integration of capital markets here. FPIs continue to be net sellers in the Indian markets in FY26, and in the first 12 days of March alone, there has been a sell-off of over Rs 77,000 crore by them, as per reports. Speaking at the event, Varshney assured all help to facilitate Russian investments into the country and also proposed setting up working
Foreign portfolio investors' (FPI) bets in Fully Accessible Route (FAR) government securities have declined by about Rs 4,634 crore since the start of the Middle East conflict, reflecting growing caution among overseas investors amid rising crude oil prices, a weakening rupee and rising bond yields. Data from the Clearing Corporation of India Ltd (CCIL) showed that total FPI investment in FAR securities stood at about Rs 3.26 lakh crore on Tuesday, down from Rs 3.31 lakh crore on February 27, before the conflict began. The selling pressure has emerged as global markets reacted sharply to escalating tensions in the Middle East, which have triggered a spike in crude oil prices and volatility in emerging market assets. Brent crude prices have surged past USD 100 per barrel and were trading around USD 108 per barrel, raising concerns about inflationary pressures and India's external balance. At the same time, the rupee weakened sharply to below 92 against the US dollar, while the ...