Cite legal hurdles and challenges in implementing the circular in its present form
The two sectors which continue to see highest net inflow consecutively for the two months are - FMCG and Realty, a report by Edelweiss Securities said
This was the first net withdrawal since September 2020, when they had pulled out a net of Rs 7,782 crore from equities
This comes amid a surge in Covid-19 cases and the consequent restrictions imposed by various states dent investors' sentiment
Experts say there could be further outflows from the bond market if US bond yields head towards the 2-per-cent mark.
Previously, FPIs invested Rs 17,304 crore in March, Rs 23,663 crore in February and Rs 14,649 crore in January
Custodians want FPIs to provide ODI and DR details directly to depository instead of routing it through them
The reversal of buying trend came after FPIs invested Rs 17,304 crore in March, Rs 23,663 crore in February and Rs 14,649 crore in January
On Thursday, March 26, Goldman Sachs India Fund Limited (1.67 million) and Plutus Wealth Management LLP (1.5 million) purchased a combined 3.17 million equity shares of Laxmi Organic Industries.
Prior to this, overseas investors had invested Rs 23,663 crore in Indian markets in February and Rs 14,649 crore in January, on a net basis
The Income Tax department on Wednesday said that concessional rate of tax of 5 per cent shall continue for certain interest income of foreign portfolio investors.
Sector now has 34.8% of FPI assets, up from 33.8% in Jan; flows drove banking index to all-time high
FPIs from the region will face stricter KYC, may have to furnish updated ultimate beneficial ownership info for all investors holding over 10% in the fund as opposed to 25% now
The MSCI India's valuation premium to EM is now at 40 per cent, 3 per cent above the long-term average, according to BofA Securities
Overseas investors pumped in a net Rs 10,793 crore into equities and Rs 1,473 crore in the debt segment between February 1-5
Firms will examine qualitative factors before extending treaty benefits
Allowing debt financing by FPIs will reduce cost of funding, say experts
Overseas investors pumped in a net of Rs 19,473 crore into equities but pulled out Rs 4,824 crore from the debt segment between January 1 and January 29
In the past two quarters, FPIs have increased their stake in the company by 2.08 percentage points
Last year's Budget had created uncertainty about the quantum of tax to be withheld on dividends paid to non-residents, as the exact tax rate was not specified under section 195