Some foreign portfolio investors (FPIs) are believed to have earlier expressed concerns over the proposed changes in rules, for which Sebi has already granted more time
The latest inflow comes after such investors had taken out more than Rs 200 billion from the stock market during April-June
Selling by FPIs in Indian debt markets could be attributed to higher fuel prices which fans fear that inflation may stoke further
So far this year, overseas investors have withdrawn Rs 447.37 billion from the capital markets
This comes following a net outflow of over Rs 45,000 crore from capital markets (equity and debt) in the last two months
Watchdog's document on foreign portfolio investors says that the ultimate beneficiary of a fund will be determined by both shareholding and control
Bond yields could slip, easing mark-to-market provisioning pain for banks; housing finance companies can access foreign borrowings
Seems unlikely to elicit significant interest from investors after Sebi's decision to keep NRIs out
This is against the total inflow of over Rs 137.8 billion by foreign portfolio investors in January, the latest data with depositories showed
New tax treaties, GAAR don't provide for grandfathering of shares acquired through this route
RBI may increase FPI in the corporate bond market by around $2 billion
Net outflow by FPIs follows a withdrawal of Rs 12,770 cr from stock market in Aug
They own 27.5% in top 75 listed firms; investments bounce back after falling two straight quarters
After news Sebi curbs, some worry on liquidity getting hit in the short term
FPIs had invested about Rs 7,600 crore in the first half of 2016
However, investments by foreign portfolio investors surged in value terms
Despite the rally in mid-caps for the past three years, overseas investors continue to show their preference for blue chips. In the past five financial years, nearly three out of every four dollars, or about 75 per cent of the money put in by foreign portfolio investors (FPIs), have been invested in the top 10 per cent of the BSE 500 companies with the highest market capitalisation. For instance, the top 50 companies by market capitalisation made up 71 per cent of the total FPI investment in the BSE 500 universe, the shareholding pattern for the quarter ended March 2017 shows. In fact, the top five companies in the index bagged nearly 25 per cent of the investments, hinting at the kind of concentrated portfolio held by the FPIs. In contrast the bottom 50 companies have received less than 1 per cent of the investment from foreign investors for each of the five years. Shareholding data for the quarter ended March 2017 reveals FPI investments in these firms made up a meagre 0.3 per cent .
Foreign Portfolio Investors purchased stocks worth about Rs 56,123 crore in 2016-17
The BJP formed government in four of the five states that went to polls recently
The inflows follow a net investment of Rs 15,862 crore in equity and debt last month