Market participants said that the rupee gave up some gains by the end of the trade as the Reserve Bank of India (RBI) intervened in the foreign exchange market via dollar buys
If sustains, it will be highest monthly pullout since January 2023
Indices post biggest gains in two weeks
Gap between FPI, DII narrows to new low of 163 bps
After infusing money for two straight months, foreign investors turned net sellers in April with the dumping of Indian equities worth Rs 8,700 crore on concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields. This came following a staggering net investment of Rs 35,098 crore in March and Rs 1,539 crore in February, data with the depositories showed. Overall, the total inflow for 2024 so far stood at Rs 2,222 crore in equities and Rs 44,908 crore in debt market. As per the data, Foreign Portfolio Investors (FPIs) made a net outflow of Rs 8,671 crore in Indian equities. Kislay Upadhyay, smallcase manager and founder of Fidelfolio, said this outflow was due to adjustment after heavy inflow in March, a short-term gain prospect in longer duration bond in anticipation of a rate cut and 'wait and watch mode adopted by investors till the announcement of election results. While the tweak in India's tax treaty with Mauritius on investments made in .
Regulators suggest change in FEMA rules to treat such funds as indirect foreign investment
Foreign portfolio investors (FPIs) have stepped up their selling of domestic equities in the past one week
Defy the odds, with Nifty Smallcap 100 gaining 0.75%
Foreign investors made a strong return by injecting more than Rs 2 lakh crore into Indian equities in 2023-24, driven by optimism surrounding the country's robust economic fundamentals amidst a challenging global environment. Looking forward to 2025, Bharat Dhawan, Managing Partner at Mazars in India, said that the outlook is cautiously optimistic and anticipates sustained FPI inflows supported by progressive policy reforms, economic stability, and attractive investment avenues. "However, we remain mindful of global geopolitical influences that may introduce intermittent volatility, emphasising the importance of strategic planning and agility in navigating market fluctuations," he added. The outlook for FY25 from an FPI perspective, continues to remain strong, Naveen KR, smallcase Manager and Senior Director at Windmill Capital, said. In the current fiscal 2023-34, Foreign Portfolio Investors (FPIs) have made a net investment of around Rs 2.08 lakh crore in the Indian equity marke
Fraudulent trading platforms are offering resident Indians trading opportunities on par with foreign funds, which is not possible under the current rule
Capital markets regulator Sebi on Monday cautioned investors against fraudulent trading platforms, claiming to facilitate stock market access to Indians through Foreign Portfolio Investors (FPIs) route. Sebi noted that fraudsters are enticing victims through online trading courses, seminars, and mentorship programs in the stock market, leveraging social media platforms such as WhatsApp or Telegram, as well as live broadcasts. Posing as employees or affiliates of Sebi-registered FPIs, they coax individuals into downloading applications that purportedly allow them to purchase shares, subscribe to IPOs, and enjoy "institutional account benefits"-- all without the need for an official trading or demat account, Sebi said adding that these operations often use mobile numbers registered under false names to orchestrate their schemes. The cautionary statement came after Sebi received a number of complaints regarding fraudulent trading platforms, which falsely claimed affiliation with FPIs a
Financial conditions have tightened the economy with liquidity going into a deeper deficit putting upward pressure on short-term rates, according to a research report by CRISIL Market Intelligence and Analytics. The report released during the month also said that foreign portfolio investors turned net sellers further aggravating the tight liquidity conditions. With tightening of the liquidity, the transmission of interest rates improved across lending and deposit rates in January. However, the cumulative rise in most deposit and lending rates remained lower than the 250 basis points of repo rate increase by the RBI since May 2022, the report said. This incomplete transmission of monetary policy prompted the Reserve Bank of India to keep the interest rates unchanged, the research body said in the report. "We believe that the central bank will be active in liquidity management and adopt regulatory measures to prevent excesses in credit growth. We foresee the RBI cutting rates from Ju
Retail investors churn, while FPI adjustments drive notable market shifts
Goyal expects around $30 billion inflows on the back of the inclusion
Highest in 12 months; Most among EM peers; Rising bond yields trigger risk off bets
The hardening of US Treasury yields also weighed on sentiment and raised concerns about whether the Federal Reserve would lower interest rates at the same pace as the Street has priced
One takeaway from last year is that most IPOs returned money to the investors, S Ramesh, Managing Director and CEO, Kotak Investment Banking, said
Tamil Nadu is all set to host the third edition of the Global Investors Meet, and the first one by the ruling DMK government, from Sunday with a galaxy of leaders set to participate in it. A host of representatives from several multinational companies, over 450 international delegates, and representatives from 50 countries are expected to attend the two-day event. The previous editions of the Global Investors Meet (GIM) were held in 2015 and 2019, when AIADMK was the ruling party, under the chief ministers late J Jayalalithaa and Edappadi K Palaniswami, respectively. The Ministry of Industries and Guidance Tamil Nadu--the state's investment promotion agency--, who are the organisers of the event, expect over 30,000 participants during GIM 2024 with Union Commerce Minister Piyush Goyal set to be part of the inauguration along with Chief Minister M K Stalin and his cabinet colleagues. "As the Tamil Nadu Global Investors Meet 2024 approaches, the air is thick with anticipation! With o
FPIs bought shares worth 427.33 billion rupees in the first half of December, marking a fortnightly record, driven by lower U.S. bond yields amid expectations of interest rate cuts by Federal Reserve
Emerging industries poised for investment-led growthare battery energy storage solutions, green hydrogen, biotechnology, AVGC (animation, visual effects, gaming, comics)