Page 9 - Fpi

Rupee hits at 11-week high against US dollar on strong FPI inflows

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 settles FPI rules case with Sebi; pays Rs 22.10 lakh

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 ..

Despite current euphoria in market, returns in first half of 2023, modest

During the first quarter of 2023, Indian markets dropped nearly 4 per cent and were among the worst-performing major markets

Top headlines: No TCS on credit card use overseas, Kempner's loan to Byju's

Business Standard brings you the top headlines at this hour

FPIs extend buying streak in Indian equities in June, shows NSDL data

Concerns over China's economic recovery have also aided flows into India, said Sameer Kaul, MD and CEO at TrustPlutus Wealth (India) Pvt

FPI invest Rs 43,838 cr in India in May, likely to continue in June

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

FPI flows likely to trip on Sebi's stricter ownership disclosure rules

Such investors could reduce their exposure to evade 'high-risk' tag and shift to friendlier jurisdictions, say experts

Sebi proposes enhanced disclosure requirements for high-risk FPIs

To be unconstrained by any materiality thresholds set by PMLA or secrecy laws: Sebi paper

FPI identification pursuit a 'journey without destination': Expert SC panel

Sebi has drawn a blank while investigating foreign hand in Adani firms, says top court-appointed committee report

Foreign portfolio investment in equities drop 11% to $542 bn in Jan-Mar qtr

The value of foreign portfolio investment (FPI) in Indian equities was at USD 542 billion in the March quarter of 2023, a decline of 11 per cent from the preceding year, largely due to the exodus of foreign money from the domestic market, according to a Morningstar report. In comparison, the value of FPI in Indian equities was USD 612 billion in the January-March quarter of 2022. On a quarter-on-quarter basis, the value of FPI in Indian equities fell by 7 per cent from USD 584 billion recorded in the three months ended December 2022. This came following a surge in their investment value for three quarters in a row. The decline led to FPIs' contribution to Indian equity market capitalization falling to 17.3 per cent during the year under review from 17.8 per cent for March 2022. After withdrawing record funds in 202122, foreign portfolio investors continued their sell-off in the last fiscal too and pulled out Rs 37,631 crore from Indian equities amid aggressive rate hikes by central

Stable macro data, earnings trigger FPI buying in shares in April: NSDL

The benchmark Nifty 50 jumped 4.06% in April, its best month since November, aided by the stable earnings as well the return of the FPIs into domestic equities

Paytm posts updated shareholding for Q4 FY23, FPI almost doubles

Domestic institutional shareholding has grown from 1.9 per cent to 3.2 per cent with mutual funds (MFs) and alternate investment funds (AIFs) increasing their stake

Mauritius down; Norway, Singapore gain as FPI destinations in FY23

The total assets under custody (AUC) from Mauritius declined nearly 42 per cent to Rs 3.25 trillion at the end of March 2023, from Rs 5.55 trillion a year ago.

Street signs: Nifty faces resistance, cigarette stocks, and more

Tobacco manufacturer ITC, Godfrey Phillips India, and VST Industries have gained since the Union Budget on February 1, even as the benchmark Sensex declined close to 3%

JP Morgan revises Reliance Industries stock target price, sees 33% uptick

The brokerage said it sees continued strength in the refining business, a likely rebound in petrochemical spreads from decadal low levels from China re-opening

FPIs seek six more months from FinMin to comply with PMLA tweaks

To make a representation to FinMin for relief

Fear grips D-Street: Markets hit five-month lows over SVB crisis

Investors spooked even as regulators try to limit damage; Safe-haven assets gain

Street signs: FPI flows turn net buyers, Tata Tech shares firm up, and more

On a year-to-date basis, FPIs have been net sellers to the tune of Rs 20,606 crore

Global trends, FPI trading activity to drive mkts in shortened wk: Analysts

Equity markets would be mainly driven by global trends and foreign fund trading activity in the holiday-shortened week, analysts said. The BSE and the National Stock Exchange have listed March 7 (Tuesday) as a holiday on account of Holi. However, stock brokers' association ANMI has urged the government, exchanges and Sebi to shift the holiday to March 8 from March 7. "Indian stock markets may remain volatile amid fear that the US FED will keep raising interest rates to control inflation. Rising US bond yields and macroeconomic numbers will keep the market mood subdued in the near-term. "Investments by FIIs, who are turning out to be small net buyers at the margin, and DIIs will be monitored," Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd, said. On the global front, the Bank of Japan will decide on interest rates and the US macroeconomic data (US nonfarm payrolls and unemployment rate) will be scheduled for release on March 10, while on the domestic front, India's

Rupee records best one-day rise against US dollar in nearly 4 months

Adani-related flows, weaker dollar index push Rs up to one-month high