Page 22 - Foreign Portfolio Investors

IndusInd shares fall after overseas investors breach buying limit

IndusInd Bank was added to the so-called 'red flag' list two weeks ago after FPI shareholding crossed 71 per cent

Coronavirus crisis: FPIs withdraw Rs 12,650 cr from capital market in April

Between April 1 to 17, FPIs pulled out a net sum of Rs 3,808 crore from equities and Rs 8,842 crore from the debt segment

Fear of extended coronavirus lockdown pulls indices into red zone

Last week, the indices had rallied 13 per cent and were on the cusp of a bull market - a term used for a 20% rise from recent lows

Sebi to vet pleas for new FPI registrations from neighbouring countries

Market players suggest that the move could be specifically aimed at vetting applicants from China wanting to register as FPIs

FPIs stare at higher withholding tax on dividends owing to tax treaty

While FPIs are also classified as non-residents, the withholding tax rates for these are provided under a separate section 196D of the Income Tax Act

Cash-starved and desperate, states borrow at steep rate in lockdown

According to the schedule, 19 states had lined up to borrow up to Rs 37,500 crore, but they managed to raise Rs 32,560 crore.

India may get $1.3-bn passive flow; MSCI EM weight may rise: Morgan Stanley

In October, the Indian government had issued a circular raising statutory FPI limit of Indian companies to the sectoral foreign investment limit

Covid-19: FPIs pull out record Rs 1.1 trn in March, highest withdrawal ever

The outflow of funds in March comes after six consecutive months of investment by FPIs since September 2019

Bond market disappointed with borrowing plan of Centre, states

Dealers say the huge supply is a concern at a time when volumes have thinned because of Covid

FPI investment limits rise in stocks after govt decision on sectoral caps

Market players said the higher limits have potential to attract billions in overseas flows but it may not play out immediately

Covid-19: Sensex posts biggest quarterly fall, Nifty's worst in 28 years

Meanwhile, foreign portfolio investors (FPIs) have pulled out net of Rs 55,007 crore (approx. $7.4 billion) from Indian equities in March 2020

FPIs pull out over Rs 1 trn in March as coronavirus sparks recession fear

Experts believe foreign investors are withdrawing from riskier assets and are opting for safe heavens like dollar-denominated asset classes and gold

FPIs get the jitters over Coronavirus, withdraw Rs 37,976 cr in March

Prior to this, foreign investors were net buyers for six consecutive months since September 2019

Coronavirus impact: RBI offers $2-bn swaps to deal with currency swings

In a statement on its website, the RBI said it was doing the swaps in view of the intense selling pressure witnessed worldwide on 'extreme risk aversion due to the spread of COVID-19 infections'

FPIs pull out Rs 13,157 cr in March, breaking their 6-month buying streak

According to depositories data, FPIs withdrew a net Rs 8,997.46 crore from equities and Rs 4,159.66 crore from the debt segment during March

Indirect transfers: Category-II FPIs knock on govt doors for relaxation

At present, all FPIs under category-II are subject to transfer provisions which impacts close to 20 per cent of FPIs

SBI Cards IPO: New guidelines likely to restrict multiple FPI bids

The 2019 operating guidelines for FPIs also prescribe a separate registration for proprietary derivative investments and ODI activities of an FPI

Coronavirus impact on global economy and markets still uncertain: Experts

Investors on Monday were caught off-guard by the sharp selloff in stocks amid an increase in COVID-19 cases in countries, such as South Korea, Italy, and Iran

Participatory notes investments hit nearly 11-year low till December-end

The inflow through P-notes in December was the lowest since February 2009, when the cumulative value of such investments stood at Rs 60,948 crore.

Custodians to call on Sebi to clear haze around new CAF norms for FPIs

The key issue vexing the custodians is the requirement to fill in tax details on behalf of FPIs, an area where they lack expertise and which is currently handled by the tax consultants