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
Long-only funds are down 5.85 per cent on a median basis over the last month, according to data from tracker PMS Bazaar
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
After IT, banking & financial services and fast-moving consumer goods (FMCG) saw the biggest outflows - at $1.55 billion and $660 million - respectively
Sensex drops to lowest level since July; FPIs sell shares worth Rs 4,900 cr
The value of foreign portfolio investors' (FPI) holdings in domestic equities reached $612 billion in the March quarter, down 6 per cent from the preceding quarter, according to a Morningstar report.
Indian equity markets have been very volatile largely due to the sustained selling from the foreign portfolio investors
P-notes are issued by registered Foreign Portfolio Investors (FPIs) to overseas investors who wish to be a part of the Indian stock market without registering themselves directly
Selling was seen in most sectors save metals and mining, pharma and telecom
After a brief respite at the year's start, FPIs have dumped shares worth more than $5.7 billion. More on that in our top headlines.
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Of the 144 companies that have disclosed their shareholding pattern, 86 have seen a fall on a quarter-on-quarter basis, 56 have seen an increase, while two have seen no change in FPI stake
So far in December, foreign portfolio investors have sold equities worth over Rs 33,000 crore. This trend is expected continue for the rest of 2021. When can investors get a respite from FPI selling?
FPIs have actually offloaded stocks worth over Rs9,000 crore in the secondary market in November
A trend reversal was witnessed in the debt segment in October from the big buying in the previous two months when FPIs had invested Rs 13,363 crore in September and Rs 14,376.2 crore in August
Even as foreign funds are getting jittery about the domestic market due to the steeply higher valuation amid the massive market rally, their holding in the domestic equities rose to $630 bn as of Aug
Feat achieved after world-beating performance since August
Analysts say the decline in ownership is due to underperformance of financial stocks - the biggest overweight sector for FPIs
This is the first FPI licence issued to an AIF incorporated in GIFT IFSC by any custodian bank or designated depository participant (DDP) in the country