News Digest: Hard time for Tata Nano, robust FPI inflows, and more

Tata Motors' Nano, the cheapest car launched in recent times, is now also among models clocking lowest monthly production and sales

India-focused funds continue to see robust inflows

After sharp outflows in August and September, the Indian market is once again experiencing a positive investment spell from overseas investors. Foreign portfolio investors (FPIs) have poured nearly $3 billion into domestic stocks since August. A large part of these flows have come from India-focused offshore funds. These are actively managed funds that exclusively invest in select Indian securities, unlike exchange-traded funds (ETFs) which track indices such as the Nifty 50 or the S&P BSE Sensex.
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Dealers stop placing orders for Tata Nano

Tata Motors’ Nano, the cheapest car launched