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
Meanwhile, chemical stocks saw selling worth Rs 207 crore, followed by metals and mining (Rs 157 crore) and textiles (Rs 156 crore)
The RBI intervened and the rupee hit the 81.90 level in intraday trade. The rise in crude oil prices further weighed on the Indian currency
From this year's low in March, the Sensex and the Nifty are now up around 15 per cent each
10 days for single group exposure, 3 months for exceeding Rs. 25,000-cr cap to bring down holdings below thresholds
In a Q&A, Rajat Rajgarhia says high growth environment and peaking of interest rates create a fertile ground for equities
India's GDP growth rose sharply to 6.1 per cent in January-March from 4.5 per cent in October-December
Who is impacted; do the new rules better protect Indian companies from opportunistic takeover: questions answered
Changes in eligibility requirements to ensure due-diligence of money coming from this route to India
Sebi may exercise info-sharing rights under IOSCO, MoUs with nations
Sources said Sebi has been writing to various regulators in several jurisdictions over the past few weeks regarding the Adani issue
The moderation in valuation, following a near-10 per cent correction between December and March, also made investors look at India more favourably
FPIs sold oil and gas shares worth Rs 564 crore, and realty shares worth Rs 278 crore
Turn their attention to capital goods, construction, FMCG, consumer durables in March
Anomalies seen in time period for reporting material changes
Excluding this, FPI activity in equities represents a strong selling undercurrent
Foreign investors have put in Rs 11,500 crore in the Indian equities so far this month, mainly driven by bulk investment from the US-based GQG Partners in the Adani Group companies. Going ahead, FPIs may take a cautious stance in their approach in the coming days following the collapse of the US-based banks -- Silicon Valley Bank and Signature Bank -- that dented sentiments in the market, experts said. According to the data with the depositories, Foreign Portfolio Investors (FPIs) invested Rs 11,495 crore in Indian equities till March 17. This came after a net outflow of Rs 5,294 crore in February and Rs 28,852 crore in January. Prior to that, FPIs infused a net amount of Rs 11,119 crore in December, data showed. "This (inflow in March) is inclusive of the bulk investment of Rs 15,446 crore by GQG in the four Adani stocks," V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said. Excluding this, FPI activity in equities represent a strong selling ...