The pressure on India flows continues to come primarily from Luxembourg-domiciled funds, with cumulative outflows of $1bn over the past 10 weeks,
The rupee fell past the 86 mark on dollar demand from importers and FPIs, before recovering slightly on suspected RBI intervention in currency markets
Foreign portfolio investors' participation in the Indian equity and derivative markets is increasing on a daily basis while new Indian investors from tier-3 and tier-4 cities are set to create a significant influence in the domestic markets, says an industry expert. "FPIs are banking on steady returns on their investments which is backed by the country's projected steady economic growth in the years ahead, we are expecting participation from new Indian traders to contribute significantly to the multi-fold increase in trading volume over the next five years, said Ajay Garg, Director and CEO of Delhi-headquartered SMC Global Securities Ltd. There is a lot of foreign interest in the Indian market, especially FPIs participating in high frequency and medium frequency trading, he said, adding that SMC was currently serving around 60 investment-loaded FPIs and more have lined up to become members of the group. Garg said that SMC is working on capturing more FPI business, given that the ...
This is the second caution against fraudsters in this month. This follows several complaints regarding such activities and entities
Foreign Portfolio Investors (FPIs) continued their bullish stance on the country's debt markets with a net infusion of over Rs 15,000 crore so far this month, on the back of inclusion of Indian government bonds in the JP Morgan Index along with relatively stable economy. This followed a net investment of Rs 19,836 crore in January, making it the highest monthly inflow in more than six years. This was the highest inflow since June 2017, when they infused Rs 25,685 crore. On the other hand, foreign investors pulled out more than Rs 3,000 crore from equities during the period under review. Before this, they withdrew a massive Rs 25,743 crore in January, data with the depositories showed. "The main trigger for this divergent trend in equity and debt is the high valuation in the Indian equity market and the rising bond yields in the US," V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said. Himanshu Srivastava, Associate Director - Manager Research, Morningstar
Foreign inflows of Rs 47,105 crore into debt in CY23 at 6-year high
The selling pressure was less intense in the broader markets
Equity mutual funds have seen inflows from domestic investors for 31 consecutive months, according to official data
Overseas funds have stepped up the selling pressure following the US Federal Reserve's indication that interest rates will stay higher for longer
Trailing 12-month FPI flows currently at $7.3 billion-most since November 2021
Buying, selling by MFs, FPIs have a bigger impact on markets than other investor classes
Foreign portfolio investors (FPIs) infused Rs 11,630 crore in the Indian equity markets in April on the reasonable valuation of stocks and appreciation in the rupee. This came after FPIs infused a net sum of Rs 7,936 crore in equities in March, mainly driven by bulk investment in the Adani Group companies by the US-based GQG Partners. However, if one adjusts for the investments of GQG in Adani Group, the net flow was negative. Going forward, the outlook for FPI flow is expected to remain volatile due to the tight monetary policy of the US Federal Reserve. The interest rate hike by 25 basis points in the coming policy meeting as indicated by the US Fed minutes, could impact FPI investments, Sonam Srivastava, founder of investment advisory firm Wright Research, said. However, the stability of the Indian economy compared to other emerging markets and reasonable valuations may continue to attract FPIs to Indian equities, she added. According to data from the depositories, FPIs started
Information technology saw renewed interest with foreign investors adding 10.02 billion rupees, while the auto segment also witnessed FPI buying
Close to breaking into top 10 countries by inflows
This may pave way for the stock's re-entry into FTSE All-World index
On Friday, October 1, 2021, WHV-EAM International Small Cap Equity Fund purchased 186,947 equity shares or 0.60 per cent stake of IGL at price of Rs 830.22 on the NSE via bulk deal
The latest inflows have been triggered by improving investor sentiment on the back of easing US-China trade war and supporting macroeconomic data, experts said
Collective share in FPI assets at 25%, from 29% a year before