Foreign Portfolio Investors (FPIs) continued their buying spree and poured close to Rs 4,800 crore in the Indian equity markets in the first week of January driven by confidence in the country's robust economic fundamentals. Additionally, they injected Rs 4,000 crore in the debt market during the period under review, data with the depositories showed. With expectations of a prolonged decline in US interest rates in 2024, there is an anticipation that FPIs will likely escalate their purchase, particularly in the initial months of the New Year leading up to the general elections, V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said. Further, FPI inflows into debt will also see acceleration in 2024, he added. According to the data, foreign investors made a net investment of Rs 4,773 crore in Indian equities this month (till January 5). This came following a massive investment of Rs 66,134 crore in December and Rs 9,000 crore in November. The latest flow ca
The Sensex began the session with a new high and rose to 72,484.34, to end at 72,410, a gain of 372 points or 0.5 per cent
Foreign portfolio investors (FPIs) have injected over Rs 57,300 crore into the Indian equity markets this month so far owing to political stability, robust economic growth, and a steady decline in the US bond yields. With this, total investment by FPIs surpassed Rs 1.62 lakh crore this year. Going forward, the New Year is expected to witness declines in U.S. interest rates, and FPIs are likely to increase their purchases in 2024, V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said. According to the data, FPIs made a net investment of Rs 57,313 crore in Indian equities in this month (till December 22). This was the highest monthly inflow by them in a year. This came following a net investment of Rs 9,000 crore in October. Before this overseas investors withdrew 39,300 crore in August and September, data with the depositories showed. The robust inflow from FPIs into the Indian stock markets can be attributed to various factors. Primary among these are .
Foreign portfolio investors are likely to slow down their purchases. Foreign investors were heavy sellers in the last two sessions of the week, although they were net buyers worth Rs 44,740 cr in Dec
FPIs were net buyers to the tune of Rs 42,731 crore in the first fortnight of December
A dovish pivot by the US Federal Reserve and a sharp retreat in bond yields spurred risk appetite across the globe
The above-average deployment by MFs indicates that inflows into equity schemes remained strong even as the market corrected in October
Geopolitical concerns due to the ongoing Middle East conflict also added to the risk aversion in the markets in October, analysts added
Market participants said that India's bond inclusion in J P Morgan index further aided inflows in the domestic debt market
The National Stock Exchange (NSE) Nifty Midcap 100 index fell 4.1 per cent, the most since June 2022
With this, these investors will not be able to use overseas insurance companies to secretly own shares of a company and manipulate its share prices
Will they weather the tempest of withdrawing Rs 25,305 crore since September, or is a perfect storm brewing for Indian equities?
The MF industry has not yet released the inflow data for September
Global headwinds may add to volatility in stocks
This makes Indian bonds less attractive to foreign investors
Meanwhile, they were net sellers in metal stocks worth Rs 5,930 crore, financial services worth Rs 3,672 crore, and oil, gas and consumables worth Rs 1,778 crore
Inflows doubled in August from July on bond indices inclusion hope
They also bought shares worth Rs. 1,609 crore in auto and auto components and Rs. 1,520 in construction stocks
The RFQ is a dedicated platform for debt securities, launched in 2020 by stock exchanges
After five months of sustained buying, foreign investors have turned net sellers and pulled out over Rs 2,000 crore from the Indian equities in the first week of August, mainly due to Fitch downgrading the credit rating for the US. In addition, the rich and stretched valuations and minor profit booking could be the reasons for this outflow, Yes Securities Chief Investment Advisor Nitasha Shankar said. "A sharp spike in the US 10-year bond yield above 4 per cent is a near-term negative for capital flows to emerging markets," Geojit Financial Services Chief Investment Strategist VK Vijayakumar said. If the US bond yields remain high, FPIs are likely to continue selling or at least refrain from buying, he added. According to the data with the depositories, Foreign Portfolio Investors (FPIs) withdrew a net sum of Rs 2,034 crore from Indian equities during August 1-5. This came after unabated net inflow in the past five months -- from March to July -- following the resilience of the In