Page 8 - Foreign Portfolio Investor
Tax conundrum: FPIs uneasy after 18% GST on regulatory services
Set to approach Sebi, finance ministry for clarification
 "Tax conundrum: FPIs uneasy after 18% GST on regulatory services")
Market sentiment gets a boost as FPI selloff stems in July after 10 months
What led to such record outflows? "Rising global central banks' rates, rupee depreciation, expensive valuations and geopolitical risks," says BofA in a note.
 "Market sentiment gets a boost as FPI selloff stems in July after 10 months")
New kid in D-town: Nifty Financial Services sees steady growth, shows data
Fin Nifty ADTV is still a fraction of the flagship Nifty and Bank Nifty indices, which have clocked an ADTV of Rs 40,000 crore this year
 "New kid in D-town: Nifty Financial Services sees steady growth, shows data")
MFs invest in fewer companies in June after portfolios hit multi-year high
Drop in number of firms invested in comes even as MFs' overall holding in stock market has been rising
 "MFs invest in fewer companies in June after portfolios hit multi-year high")
Rupee ends at new low as global risk fears spur rush to safe-haven dollar
The rupee has already lost 0.5% to the greenback this week, taking the depreciation for 2022 so far to 6.7%
 "Rupee ends at new low as global risk fears spur rush to safe-haven dollar")
How the RBI is creating conditions for foreign flows to come back to India
The RBI announced five measures on July 6 to further liberalise foreign exchange. The measures are aimed at creating a more enabling environment to attract dollars through banking deposits, ECB, FPI
 "How the RBI is creating conditions for foreign flows to come back to India")
New accounts opened via SIPs slacken in June, discontinuity increases
Experts say recent returns are a huge factor impacting incremental inflows into the market
 "New accounts opened via SIPs slacken in June, discontinuity increases")
RBI allows more FPI access to Indian bonds, but returns may not lure flows
Treasury officials believe the move may not work as rising interest rates abroad and high domestic inflation have eroded returns from Indian fixed-income assets
 "RBI allows more FPI access to Indian bonds, but returns may not lure flows")
Markets posts biggest weekly gain in two months as benchmarks add 3% each
Softening bond yields, moderation in FPI selling boost sentiment; both indices are now up 6% from year's low, but still down over 12% from their record high levels seen last October
 "Markets posts biggest weekly gain in two months as benchmarks add 3% each")
Sebi permits FPIs to deal in exchange-traded commodity derivatives
The regulator has also prescribed a working group to examine whether measures towards any additional risk management are required to be prescribed for FPIs
 "Sebi permits FPIs to deal in exchange-traded commodity derivatives")
Sebi lets FPIs to participate in exchange-traded commodity derivatives mkt
At its board meeting, the watchdog also cleared amendments to regulations governing mutual funds and portfolio managers.
 "Sebi lets FPIs to participate in exchange-traded commodity derivatives mkt")
Sebi board may clear decks for FPI entry into commodity derivatives segment
The long-awaited move is aimed at boosting liquidity and efficiency at domestic commodity bourses, even as concerns remain if this would make markets more volatile
 "Sebi board may clear decks for FPI entry into commodity derivatives segment")
India-dedicated funds follow global EM trend as outflows hit $547 mn in May
In all, funds tracked by EPFR saw net outflows of $1.2 billion, accounting for nearly a fourth of $5.2 billion outflows by FPIs in May
 "India-dedicated funds follow global EM trend as outflows hit $547 mn in May")
Benchmark indices extend winning streak as commodity prices moderate
Buying in IT stocks - spurred by a global trend - accounted for the bulk of the gains in the benchmark indices
 "Benchmark indices extend winning streak as commodity prices moderate")
Sensex rises 443 pts; Nifty rebounds nearly 1% as auto, IT shares advance
Experts said a fall in oil prices and other key commodities are a silver lining in the domestic market
 "Sensex rises 443 pts; Nifty rebounds nearly 1% as auto, IT shares advance")
Flight of FPIs continues; equities worth Rs 31,430 crore sold in June yet
Aggressive rate hike by the US Federal Reserve, coupled with elevated inflation and high valuation of equities continued to keep foreign investors at bay from the Indian stock market
 "Flight of FPIs continues; equities worth Rs 31,430 crore sold in June yet")
Long-short funds hold fort, deliver 0.17% returns amid market rout
Long-only funds are down 5.85 per cent on a median basis over the last month, according to data from tracker PMS Bazaar
 "Long-short funds hold fort, deliver 0.17% returns amid market rout")
FPIs pull out Rs 14,000-cr from Indian equities in June amid concerns
Wary of the scenario on the global and domestic fronts, foreign investors continued to withdraw from Indian equity markets and pulled out close to Rs 14,000 crore in this month so far
IT stocks lose most amid $5.15-billion FPI selling in May, shows data
After IT, banking & financial services and fast-moving consumer goods (FMCG) saw the biggest outflows - at $1.55 billion and $660 million - respectively
 "IT stocks lose most amid $5.15-billion FPI selling in May, shows data")
Bears tighten grip: Market sell-off deepens on global recession fears
Sensex drops to lowest level since July; FPIs sell shares worth Rs 4,900 cr
 "Bears tighten grip: Market sell-off deepens on global recession fears")