According to experts, after remaining net sellers in August and September, Foreign Portfolio Investors (FPIs) are unlikely to be major sellers going forward
However, the timeline issue for many FPIs remains, as the relaxation still compels them to book forex during non-market hours
Conversely, Reliance Industries and Tata Consultancy Services saw the maximum FPI outflows at Rs 44,622 crore and Rs 17,838 crore, respectively
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
Indian currency at 1-month high on FPI flows, weak dollar
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
Foreign investors may switch to custodians backed by American banks for India exposure
US and European markets gained in October after a sharp sell-off in September
So far this year, the total outflow by FPIs in equities has reached Rs 1.70 trillion
Sustained selling by FPIs increases investment legroom to 22% at the end of September 2022 quarter
The flows from FPIs have been inconsistent over the last few months as they kept on changing their stance frequently tracking the fast-changing investment scenario
The selling dragged the BSE Financial Services index by 4.7 per cent in the last two weeks of September.
Looks at how market-wide position limits are calculated for commodity derivatives contracts
Close to breaking into top 10 countries by inflows
FPIs buy shares worth Rs 1,345 crore
India's strong medium-term growth outlook may not suffice for foreign capital to flow, as existing channels that bring global savings to India face turbulence
Analysts are upbeat on shares of ceramic tile manufacturers, even as their July-September quarter performance is likely to be weak
More than the monetary policy decision, the RBI's assessment of inflation and growth propelled the markets, said experts
At the current rate, the reserves may provide cover for eight months of imports in FY23. Four months could be considered a danger mark
Indian indices better off in 2022, down less than 2 per cent