The selling pressure was less intense in the broader markets
Market participants said that India's bond inclusion in J P Morgan index further aided inflows in the domestic debt market
During the month, the benchmark Nifty came off by as much as 5 per cent as FPIs accelerated their selloff with the 10-year US Treasury yields breaching 5 per cent
The National Stock Exchange (NSE) Nifty Midcap 100 index fell 4.1 per cent, the most since June 2022
Joins five other from Russia to obtain FPI registration
Despite the S&P BSE 500 Index dipping nearly a per cent in August, the ADR was at 1.11 amid a strong rally in midcap and smallcap stocks
Net inflows in 2023 highest in six years
Goldman Sachs (Singapore) Pte has settled with capital markets regulator Sebi a case pertaining to certain discrepancies in the monthly ODI (offshore derivative instruments) reporting after paying Rs 26.44 lakh towards the settlement amount. The order came after Goldman Sachs, a registered Foreign Portfolio Investor (FPI) which deals in off-shore derivative instruments, proposed to settle the alleged violations by "neither admitting nor denying" under the settlement rules. "It is hereby ordered that any proceedings that may be initiated for the violations... are settled in respect of the applicant (Goldman Sachs (Singapore) Pte)," the Securities and Exchange Board of India (Sebi) said in a settlement order passed on Monday. In its order, the regulator observed that certain discrepancies in the monthly ODI reporting for the month of March 2022 were identified by the applicant. These were related to a mismatch of investment managers for multi-managed clients with respect to four ODI
Almost 85 per cent of these investments are in listed equity, while the remaining in debt and hybrid instruments
After pouring a whopping amount into Indian equities in the past three months, foreign investors have slowed down the pace of inflow to Rs 12,262 crore in August on higher crude oil prices and resurfacing of inflation risks. "FPIs are adopting a 'wait and watch' approach rather than making a complete U-turn. There continues to be uncertainty in the global economy and the underlying scenario is fast changing. This will make the flows from FPIs volatile," Himanshu Srivastava, Associate Director - Manager Research, Morningstar India, said. According to the data with depositories, Foreign Portfolio Investors (FPIs) invested a net amount of Rs 12,262 crore in Indian equities in August. This figure includes investment through the primary market and bulk deals, which have been gathering momentum recently. This is the lowest investment in the last four months. Before this investment, FPIs invested over Rs 40,000 crore each in the past three months in Indian equities. The net inflow by FPIs
FPIs holding more than 50 per cent of their equity Asset Under Management in a single corporate group will be required to comply with the requirements for additional disclosures
Invest Rs 7,700 crore in July, highest in four months
The RFQ is a dedicated platform for debt securities, launched in 2020 by stock exchanges
The impact of a rise in the dollar index was offset by the overall positive sentiment due to steady inflows, observe dealers. The Indian unit settled at Rs 82.01 per dollar on Friday
JP Morgan Chase Bank N.A on Friday settled with markets regulator Sebi a case pertaining to alleged violations of FPI rules on payment of Rs 22.10 lakh towards the settlement amount. The matter has been settled by JP Morgan Chase Bank (JPMC) through a settlement order "without admitting or denying the findings of fact". "It is hereby ordered that the instant adjudication proceedings initiated against JPMC vide show cause notice (SCN) dated September 23, 2022, and supplementary show cause notice (SCCN) dated December 29, 2022, is disposed of," Sebi's Adjudicating Officer Asha Shetty said in a settlement order. Sebi had received a letter in August 2021 from JPMC, wherein the regulator was informed about the delay in intimation of change in material information (merger) of Fidelity Investments Money Management (FIMM), which was registered as FPI, with its affiliate Fidelity Management & Research Company (FMRC). Pursuant to receipt of the communication, the market watchdog conducted ..
During the first quarter of 2023, Indian markets dropped nearly 4 per cent and were among the worst-performing major markets
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Concerns over China's economic recovery have also aided flows into India, said Sameer Kaul, MD and CEO at TrustPlutus Wealth (India) Pvt
FPIs are likely to continue their investment in India in June too since the latest GDP data and high frequency indicators reflect a robust economy gaining further strength
Such investors could reduce their exposure to evade 'high-risk' tag and shift to friendlier jurisdictions, say experts