Page 4 - Fpi

FPI selling spree continues in Nov at Rs 26,533 cr, pace of outflow slows

Foreign investors have pulled out Rs 26,533 crore from the Indian equity market this month so far owing to increasing allocations to China, concerns over muted corporate earnings and elevated valuation of domestic stocks. While the sell-off continues, the quantum of net outflows has significantly reduced compared to October, when Foreign Portfolio Investors (FPI) withdrew Rs 94,017 crore (USD 11.2 billion) on a net basis. With the latest pull-out, FPI outflows on a net basis are Rs 19,940 crore in 2024 so far. Going ahead, the flows from foreign investors into the Indian equity markets would depend on the policies implemented under Donald Trump's presidency, the prevailing inflation and interest rate dynamics, the trajectory of the geopolitical landscape, and the third-quarter earnings performance of Indian companies, Himanshu Srivastava, Associate Director - Manager Research, Morningstar Investment Research India, said. According to the data, FPIs recorded a net outflow of Rs 26,5

Wilmington Trust pays Rs 64.35 lakh to settle FPI norms violation case

Wilmington Trust Collective Investment Trust on Thursday settled a case with capital markets regulator Sebi related to an alleged violation of foreign portfolio investors' rules by paying a settlement amount of Rs 64.35 lakh. The settlement order came after the applicant (Wilmington Trust Collective Investment Trust - Lazard/Wilmington ACW Ex-US Equity Advantage Fund) proposed to settle the instant proceedings initiated against it without "admitting or denying the findings of facts and conclusions of law". "In view of the acceptance of the settlement terms, the instant adjudication proceedings initiated against Wilmington Trust Collective Investment Trust - Lazard/Wilmington ACW Ex-US Equity Advantage Fund is disposed of in terms of the settlement regulations on the basis of the settlement terms," Sebi's adjudicating officer Barnali Mukherjee said in the order. The Securities and Exchange Board of India (Sebi) conducted an examination in the matter of delay in intimation of regulato

Emerging India Focus Funds settles FPI norms violation case with Sebi

According to Sebi's settlement order, there were several alleged violations of the FPI regulations and intermediary regulations

FPI selloff hits Rs 28,677 cr in Nov amid rising US yields, strong dollar

No immediate relief expected amid shrinking US-India bond yield spread, subdued earnings

FPI-FDI transition to give overseas funds more elbow room, say experts

Move to open the door for higher exposure in startups, mid-size firms

Sebi takes up review of custodian norms, proposes steps to ease operations

Proposes to raise net worth criteria for the first time in nearly three decades

Rupee hits fresh low of 84.39 against the US dollar amid FII selloff

Avoids sharp depreciation on RBI's intervention

RBI issues operational framework for reclassification of FPI to FDI

The Reserve Bank of India on Monday issued an operational framework for reclassification of investment made by a foreign portfolio investor to foreign direct investment (FDI) if the entity breaches the prescribed limit. Currently, an investment made by foreign portfolio investor along with its investor group (FPI) should be less than 10 per cent of the total paid-up equity capital on a fully diluted basis. Any FPI investing in breach of the prescribed limit has the option of divesting their holdings or reclassifying such holdings as FDI subject to the conditions specified by the RBI and Sebi within five trading days from the date of settlement of the trades causing the breach. The RBI has issued an operational framework for reclassification of foreign portfolio investment by FPI to FDI. As per the framework, the FPI concerned will have to take necessary approvals from the government and concurrence of the Indian investee company concerned. However, the facility of reclassification

Losing their footing: FPI flows stumble on trail, edge closer to precipice

From peak of Rs 22K crore, the downward slope begins

Monday mayhem: US poll uncertainty roils markets, Sensex falls 942 points

Benchmark indices nosedive 2% - most in a month - before recouping half the losses; FPI selling, earnings disappointment, elevated US yields also weigh

Selling pressure: Several factors are driving FPIs out of Indian markets

The ongoing US elections have been a contributory factor to FPI selling through October and November. Apart from that, some FPIs are fence-sitting for outcome of the Federal Reserve meeting this week

FPI selling tops $10 billion so far in October amid a shift to China

If trend holds, this will be first monthly outflows of over $10 bn

Foreign portfolio investor exodus: Financial sector bears the brunt

The velocity of the selling was so high that barely any sector was spared. However, metals and utilities still managed marginal inflows

Domestic markets drop 1% from day's high amid sustained FPI selling

Global headwinds and FPIs outflows outweighed the positive sentiment triggered by RBI signalling rate cut in its next meeting

FPIs squeeze markets for a sixth day; Sensex ends 639 points lower

FPIs sold shares worth nearly Rs 8,300 crore, extending their month-to-date selling to almost Rs 40,000 crore

Sebi sets up foreign portfolio investors outreach cell for assistance

The cell is tasked with providing guidance at the pre-application stage, including documentation and compliance processes, and offering support during the onboarding phase by resolving any operational

Sebi simplifies process of registration for certain FPI categories

To ease onboarding for FPIs and reduce duplication of information, Sebi on Tuesday proposed an abridged version of Common Application Form (CAF) that only requires information unique to the applicant. Further, the rest of the information will be auto-filled from the depository's records or certain fields will be disabled if not needed. Also, the applicants will need to confirm that the previously provided information remains unchanged, Sebi proposed in its consultation paper. The regulator observed that in case of certain categories of Foreign Portfolio Investor (FPI) applicants like multiple funds under an Investment Manager (IM), sub-funds of a master fund, or schemes of insurance companies, much of their relevant information is already captured in depositories' CAF module, which can be leveraged without seeking the same from said applicants. Further, there are certain fields which are exclusive to individual FPI applicants and hence will not be applicable to the applicants ...

FPIs pump over Rs 87,000 cr into domestic equities in September quarter

FPI flows had slumped in the first two quarters (March and June) of calendar 2024 after pumping Rs 53,036 crore in the December 2023 quarter

Higher limit in FPIs: NRI investments in Gift City off to a slow start

Industry participants note that while there is interest from NRIs and investors, some are reluctant to provide PAN and know-your-customer (KYC) details

FPI investment in debt rebounds in September, FAR allocations lag

The investment in FAR securities had exceeded Rs 1 trillion on October 16, 2023