Experts say recent returns are a huge factor impacting incremental inflows into the market
FPIs increased their allocations to the oil and gas sector by 44 bps and the power sector by 21 bps
Foreign investors continue to desert Indian equity markets and have pulled out over Rs 4,000 crore this month so far amid steady appreciation of the dollar and rising interest rates in the US
Softening bond yields, moderation in FPI selling boost sentiment; both indices are now up 6% from year's low, but still down over 12% from their record high levels seen last October
The figure is 18% below monthly average for the year; However, sustained inflows into SIPs endured for 16th straight month
Reversal in FPI selling buoys sentiment
Despite a 0.8 per cent fall in heavyweight Reliance, Bajaj twins, HUL, Asian Paints, Maruti, Titan, Kotak Bank and Nestle led the upmove on the Sensex, moving up to 4.8 per cent higher.
In the past fortnight, the average daily selling by overseas funds has moderated to less than Rs 1,400 crore, compared with nearly Rs 3,500 crore in the preceding fortnight
FMCG, construction materials were among other sectors to see large outflow, while metals, power, discretionary consumption and telecom saw inflows
The regulator has also prescribed a working group to examine whether measures towards any additional risk management are required to be prescribed for FPIs
The long-awaited move is aimed at boosting liquidity and efficiency at domestic commodity bourses, even as concerns remain if this would make markets more volatile
After rebounding 2.7 per cent last week, the Nifty ended at 15,699 - close to its resistance zone of 15,700-15,750
Some got incremental inflows even amid the exodus, reveals fortnightly depository data
Market players also attributed technical factors to the rebound and said it is too early to call it a reversal in fortunes
An initial public offer (IPO) and a follow-on public offer (FPO) are two types of public issues available to investors. Here is a breakdown of the differences between the two.
CLOSING BELL: This was the first gain for benchmark indices in seven days
Rate hike fears keep investors on tenterhooks as they await Fed policy
If Nifty breaches support levels of 15,600-15,700, the index could fall to 14,500 levels
Indian currency performed rather well compared to most Asian peers, which were hammered due to the hotter-than-expected US inflation data
FPIs sell shares worth Rs 4,000 crore; US inflation hits new 4-decade high