The key risks to India's economy, and thus the markets, stem from crude oil prices and a worsening balance-of payment situation, Credit Suisse analysts said
FPIs' stake down over 400 bps in both, move paves way for global index inclusion of merged unit
Experts say recent returns are a huge factor impacting incremental inflows into the market
FPIs increased their allocations to the oil and gas sector by 44 bps and the power sector by 21 bps
In the past fortnight, the average daily selling by overseas funds has moderated to less than Rs 1,400 crore, compared with nearly Rs 3,500 crore in the preceding fortnight
FMCG, construction materials were among other sectors to see large outflow, while metals, power, discretionary consumption and telecom saw inflows
Some got incremental inflows even amid the exodus, reveals fortnightly depository data
Market players also attributed technical factors to the rebound and said it is too early to call it a reversal in fortunes
If 14,500 support levels for Nifty are breached, a dip till 13,250 is possible
Benchmark indices shed over 5% each as investors take money off risky assets amid fears of global recession after US Fed's 75 bps rate hike
Move follows addition to the FTSE index; adjustment to take place on Friday
Rate hike fears keep investors on tenterhooks as they await Fed policy
Indian currency performed rather well compared to most Asian peers, which were hammered due to the hotter-than-expected US inflation data
The Sensex closed at 54,892, with a decline of 215 points, or 0.4 per cent, and the Nifty finished at 16,356, with a drop of 60 points, or 0.3 per cent
Foreign portfolio investors (FPIs) sold shares worth Rs 2,294 crore, while domestic investors provided buying support to the tune of Rs 1,311 crore
The sell-off in May is also the second-highest monthly outflows recorded in the domestic market since 1993
So far this month, the benchmark Sensex and the Nifty indices are down 5 per cent
Issues around on trade confirmation day, forex booking, pre-funding yet to be fully settled
An analysis by Edelweiss Alternative Research shows fund managers invested large sums in blue-chip stocks, such as Reliance Industries, Infosys, ICICI Bank, and SBI Cards, in April
From this year's peak in January, both indices are down nearly 12 per cent