The shares were picked by a clutch of domestic mutual funds, foreign investors and an insurance company
The markets are likely to end this month with notable losses as global cues, FII selling and inflation-related worries weighed on the sentiment. Find out what lies ahead for the markets this week.
The markets are likely to end this month with notable losses as global cues, FII selling and inflation-related worries weighed on the sentiment. Find out what lies ahead for the markets this week.
From a two- to three-year perspective, the market looks reasonably rewarding after the recent correction.
Curbs on investment by Chinese investors a major roadblock
LIC raises a total of Rs 5,627 crore in anchor book; overseas funds pour in just Rs 1,624 crore
Adopting a cautious stance, foreign investors have pulled over Rs 4,500 crore from the Indian equity market last week on fears of an aggressive rate hike by US Federal Reserve.
A number of foreign investment banks and research institutions pointed out heavier capital outflows from China after the start of Russia's invasion of Ukraine
DIIs have stepped up buying in the past six months and safeguarded the markets from a steep fall amid the relentless sell-off by FPIs.
Amid the massive foreign fund outflows, few domestic stocks such as Chambal Fertiliser, Hindustan Petroleum Corporation and ACC, among some others, have attracted foreign investors' attention.
Use of the instrument has been falling over time
Overseas funds have sold a net $3.1 billion worth of shares in Taiwan, South Korea, and India so far this week
Net investment in Indian equity market lowest in 19 months
The assets stood at USD 927.1 billion at September-end, up from USD 895.2 billion in June quarter
Historically high valuations have also made some analysts cautious.
According to the depositories data, FPIs took out Rs 13,470 crore from equities, Rs 4,066 crore from the debt segment and Rs 160 crore from hybrid instruments between December 1-17.
Sebi's plan could push foreign investors to upgrade their custodial arrangements, spend more on foreign exchange charges and other costs.
Venugopal Garre says there is some downside risk to the market at this juncture and investors should start looking at selectively taking money off the table
FPIs on Friday bought shares worth nearly Rs 770 crore, taking their weekly buying tally close to the Rs 7,000 crore mark
Many won't be able to meet commitments that were to be bid in tranches, say experts