Page 6 - Foreign Investors

Quarterly earnings, global trends to guide mkts in holiday-shortened week

Quarterly earnings, global trends and trading activity of foreign investors will drive stock markets in this holiday-shortened week, analysts said. It will be a trading holiday on January 22, with the Maharashtra government announcing a holiday in connection with the consecration of the Ram Temple in Ayodhya. Equity markets would also remain closed on Friday for Republic Day. "The interest rate decisions of the BoJ (Bank of Japan) and ECB (European Central Bank), along with the US GDP data, are anticipated to drive the market dynamics," said Vinod Nair, Head of Research, Geojit Financial Services. From the Q3 results front, Axis Bank, JSW Energy, Bajaj Auto, DLF, ACC and JSW Steel would announce their earnings this week. "This is a truncated trading week following a holiday on Monday and on Friday. Traders should stay light as earnings season would get in full swing leading to stock-specific actions largely. Moreover, interest rate decisions of the BoJ and the ECB is due this week

How India's stock and bond markets are turning into an inexorable force

Overseas investors will still have to contend with government policies that benefit from Russia's invasion of Ukraine, especially the purchase of Russian oil at discounted prices

PE investment in Indian real estate down 26% in Apr-Dec 23: Report

Activity by foreign institutions has been subdued due to global geopolitical uncertainty

Markets to track global trends, trading activity of investors: Analysts

Global trends and trading activity of foreign investors would largely dictate terms in the equity markets this week amid a lack of major domestic triggers, analysts said. Markets may face near-term consolidation due to elevated valuations, they noted. "While the previous week was predominantly shaped by developments in the US Federal Reserve policy, attention will now shift to the Bank of Japan's policy decision on December 19," Santosh Meena, Head of Research, Swastika Investmart Ltd, said. Additionally, factors such as crude oil prices and macroeconomic data from both the US and China will wield considerable influence on market dynamics, he added. Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said due to overbought technical conditions, the benchmarks may consolidate in the near term. However, that said, the near-term outlook for the markets continues to be in favour of the bulls, he said. A series of positive news -- September quarter GDP growth rate of 7.6 per ce

Foreign investors turn bullish on Indian stock futures after PM Modi's wins

Overseas funds held 31,549 more long index futures contracts than short contracts as of Thursday, turning to a net bullish position a day earlier for the first time since September

Vedanta Resources to raise $1.25 bn through foreign investors at high rates

While foreign debt typically carries interest rates ranging from 10-12%, Vedanta's loans have been offered at 18% interest rate for three years, beginning in January

Sensex soars nearly 1,400 points this week; Here's what led to the rally

November was a blockbuster month for the Nifty index, which rose 5.5 per cent, the most since July 2022

FPI net investment in debt market in October third highest in CY23

Market participants said that India's bond inclusion in J P Morgan index further aided inflows in the domestic debt market

Q2 earnings, global trends, trading activity to drive market: Analysts

The ongoing quarterly earnings report card of corporates, global trends and trading activity of foreign investors are key factors to drive the momentum in the equity markets this week, analysts said. Moreover, markets would also focus on global oil benchmark Brent crude and the rupee-dollar trend. "On the domestic front, the upcoming release of Q2 earnings report is expected to have a significant influence on market sentiment. If FIIs (Foreign Institutional Investors) shift to net buying, it could further propel the market's upward movement," Swastika Investmart Ltd Head of Research Santosh Meena said. While geopolitical concerns persist, they have had limited impact on the market's overall trajectory, Meena said, adding that the resilience of global markets will be crucial in determining the sustainability of this positive momentum. From the macroeconomic front, the industrial production data is scheduled to be announced on Friday after market hours. "Global and domestic ...

Foreign investors cut holdings of Indian stocks at fastest pace in months

India's benchmark NSE Nifty 50 Index has slipped 3.3% so far this month, faring a little better than the 3.8% decline seen in the broader MSCI Asia Pacific Index

India may not be planning tax changes for bond inclusion in global indices

India is not planning any changes to its tax regime to help Indian government bonds be included on other global indices, a government source said on Wednesday

Pakistan unveils new visa policy to attract foreign investors amid crisis

Pakistan, in a bid to revive its ailing economy, has introduced a new visa policy to attract business communities from across the world to invest in the cash-strapped country. The decision was taken in the two-day consultation meeting held under the Special Investment Facilitation Council (SIFC), a civil-military hybrid body set up by the previous Shehbaz Sharif government to tackle the country's economic woes. Caretaker Prime Minister Anwaar-ul-Haq Kakar, who chaired the fifth apex committee meeting of SIFC, announced in a recorded message that a new easy visa regime has been approved for foreign businessmen desiring to visit Pakistan. He said foreign businessmen who want to visit Pakistan would be issued easy visas on the basis of a single document from their country or international business organisations. If Pakistan's chambers of business or business organisations issue a document to a foreign businessman, easy visas will also be issued to them, the statement quoted caretaker

Foreign investors rush into Indian stocks as locals lie low: Analysis

India is not alone in drawing investors who are disenchanted with China's markets and an economy limping after years of pandemic lockdowns

Foreign investors snap up India stocks while fleeing most EMs in August

Global funds purchased $1.6 billion of Indian shares on a net basis last month through Aug 30, that's even as they withdrew a combined more than $6 billion from Taiwan, South Korea and Indonesia

FPIs invest Rs 10,689 cr on inflation risks in Aug; pace of investment slow

The next Federal Open Market Committee (FOMC) meeting is scheduled for September 19-20

Top headlines: Hero Moto targets enhanced mkt share, market wrap and more

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Trends, trading activity of foreign investors to guide markets: Analysts

With the first quarter earnings season coming to an end, the domestic equity markets would be driven by global trends and trading activity of foreign investors this week, analysts said. The movement of global oil benchmark Brent crude and the rupee against the dollar would also drive trends in the market. "Macroeconomic indicators, trends in global stock markets and FII activities will be pivotal in shaping market trends in the coming days," Pravesh Gour, Senior Technical Analyst at Swastika Investmart Ltd, said. The market will react to some key global events such as the US existing home sales, initial jobless claims, and Eurozone S&P global composite PMI, Arvinder Singh Nanda, Senior Vice President at Master Capital Services Ltd, said. "With Fed Chair Jerome Powell's speech and more macro data lined up globally this week, we expect domestic as well as global markets to remain under pressure. Also, RBI would release its meeting minutes on Thursday. "However, action is likely to .

China looks to attract foreign investment as its economy struggles

The 24-point plan from the State Council - China's cabinet - also promises to relax regulations on transferring data overseas, among other measures

Rupee's plunging volatility leaves foreign investors guessing RBI's moves

The RBI has added back $32 billion in reserves already this year as it absorbed foreign inflows to keep the currency steady, while its dollar forward book also climbed by around $10 billion

Xi Jinping vows to protect foreign investors ramps up charm offensive

'Development is the top priority of the Communist Party of China in governing and rejuvenating the country,' Xi told New Zealand Prime Minister Chris Hipkins