Page 14 - Fpis

India Inc stares at higher debt cost with lower tax rate for FPIs set to go

Industry to make representations to Finmin seeking grandfathering on existing investment

No extension to lower withholding tax triggers concern among FPIs: Report

Currently, FPIs investing in government securities and corporate bonds avail concessional 5 per cent withholding tax rate

Budget 2023: P-notes, SGX Nifty trading at GIFT City likely to get a boost

Experts said p-notes issued at GIFT would not boost flows into the onshore markets in a big way but would be used for securities traded at the IFSC

Global economic factors, recessionary fears led to FPI sell-off: Eco Survey

Global economic factors such as inflationary pressures, monetary tightening by central banks, and recessionary fears in advanced economies exerted pressure on FPIs to sell in Indian markets, Economic Survey 2022-23 said on Tuesday. In addition, investors were sitting on gains from Indian stocks that could be realised to offset losses elsewhere, the survey noted. These factors led to foreign portfolio investors (FPIs) pulling out a net amount of Rs 16,153 crore from the Indian capital markets during April-December FY23 as compared to an outflow of Rs 5,578 crore in the year-ago period, with both equity and debt segments witnessing net outflows. Segment-wise, FPIs made a net withdrawal of Rs 11,421 crore from equity markets and Rs 12,400 crore from debt markets. On the other hand, they invested a net amount of Rs 8,662 crore through debt Voluntary Retention Route (VRR) during the period under review. However, on account of strong macroeconomic fundamentals of the Indian economy and

FPIs begin 2023 in sell-off mode; pull out nearly Rs 5,900 crore

FPIs have been adopting a cautious stance toward Indian equity markets for the past few weeks

FPIs invest Rs 11,557 crore in equities during Dec; Covid to drive flows

Foreign investors have infused a net Rs 11,557 crore in Indian equities in December so far despite a market correction and increasing concerns over re-emergence of COVID in China and some other parts of the world. Going ahead, macro data from the US and COVID news will drive FPI flows and the markets in the near term, said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services. According to data with the depositories, Foreign Portfolio Investors (FPIs) invested a net sum of Rs 11,557 crore in equities during December 1-23. This comes following a net investment of over Rs 36,200 crore in November primarily due to weakening of the US dollar index and positivity about overall macroeconomic trends. Prior to this, foreign investors pulled out Rs 8 crore in October and Rs 7,624 crore in September, data with the depositories showed. "Despite correction in the markets, increasing concerns over re-emergence of COVID in some parts of the world and recession worries in the

Top Headlines: Reliance to acquire METRO AG's India biz, Covid-19 alert

Business Standard brings you the top headlines at this hour

FPIs pull out a record Rs 1.22 trn from Indian market so far this year

Turn net sellers after 3 years; rising rates, recession fears to blame; Sensex still up 4.8% YTD

Foreign investors infuse Rs 10,555 crore in equities in December so far

Prior to this, foreign investors pulled out Rs 8 crore in October and Rs 7,624 crore in September, data with the depositories showed

Markets tumble as Federal Reserve retains hawkish tone; Sensex drops 1.4%

The biggest decline in two months; FPIs sell shares worth Rs 711 cr

FPIs have invested Rs 4,500 cr in Indian equity markets so far in December

After investing over Rs 36,200 crore last month, foreign investors continued their positive momentum and infused Rs 4,500 crore in the Indian equity markets so far in December, mainly due to the decline in the dollar index. However, foreign portfolio investors (FPIs) turned sellers in the last four trading sessions and pulled out Rs 3,300 crore as they are adopting a cautious stance ahead of the US Federal Reserve's decision on the interest rate. Going forward, in the near term, FPIs are likely to make only modest purchases in performing sectors and may continue to sell and book profits in sectors where they are sitting on big profits, VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said. More money is likely to move into cheaper markets like China and South Korea where the valuations are compelling now, he noted. "Even though India will continue to attract foreign capital the high valuations in India will be a deterrent," Vijayakumar added. According to

Foreign outflows, weak IT sector stocks weigh on benchmark indices

Sensex declines in 4 out of 5 sessions in the week, Nifty50 in 3 sessions

Scaling a new peak: FPIs, global cues propel Sensex past 63,000 mark

FPIs bought shares worth Rs 9,010 crore on Wednesday, according to provisional data from exchanges

FPIs flock to Indian mkt; buy shares worth Rs 31,630 cr in Nov

According to experts, after remaining net sellers in August and September, Foreign Portfolio Investors (FPIs) are unlikely to be major sellers going forward

T+1 settlement of all F&O stocks pushed to Jan 2023, transition at one go

However, the timeline issue for many FPIs remains, as the relaxation still compels them to book forex during non-market hours

ICICI Bank, Bajaj Finance see highest FPI inflows in July-September

Conversely, Reliance Industries and Tata Consultancy Services saw the maximum FPI outflows at Rs 44,622 crore and Rs 17,838 crore, respectively

FPIs investment in Indian equities rises 8% to $566 bn in Sept quarter

After declining for three consecutive quarters, the value of FPI investment in Indian equities rose 8 per cent quarter-on-quarter to USD 566 billion in the July-September period, according to a Morningstar report on Wednesday. A fast-changing global macroeconomic landscape, sentiments and opportunities that the Indian equity markets have to offer impacted the direction of flows by Foreign Portfolio Investors (FPIs). Through the quarter, the value of the FPI holdings domestic equities surged by 8 per cent to USD 566 billion from USD 523 billion recorded in the previous quarter. Further, the value of such investment was USD 612 billion in the March quarter and 654 billion in the quarter ended December 2021, as per the report. During the quarter ended September 2021, the value of FPI investments in Indian equities was USD 667 billion. Consequently, foreign investors' contribution to Indian equity market capitalisation also grew marginally during the quarter under review to 16.97 per

Rupee strengthens to over one-month high on FPI flows, weak dollar

Indian currency at 1-month high on FPI flows, weak dollar

FPIs turn net buyers; invest Rs 15,280 cr in equities in first week of Nov

After withdrawing funds in the last two months, foreign investors came back strongly in the first week of November and infused Rs 15,280 crore in Indian equities

ESMA-Indian regulators logjam: European banks' loss may aid US peers

Foreign investors may switch to custodians backed by American banks for India exposure