Foreign portfolio investors withdrew a net amount of Rs 5,577.99 crore from equities while infusing Rs 1,384.81 crore into the debt segment
The latest inflows have been triggered by improving investor sentiment on the back of easing US-China trade war and supporting macroeconomic data, experts said
The overall assets of sovereign wealth funds rose 12.4 per cent in in the last year to Rs 1.71 trillion
Since the presentation of the Budget in July, markets have mostly been a one-way street with the Nifty50 slipping over 8%
According to Securities and Exchange Board of India annual report, eligibility norms for FPIs were relaxed and data privacy concerns of FPIs were addressed
In July, overseas investors had pulled out a net amount of Rs 2,985.88 crore from the capital markets
Category III AIFs registered as FPIs in GIFT will still have to pay tax at 30 per cent on derivatives gains
Dollex shows more pain for foreign funds amid depreciating currency
The provisions have undergone changes and exemptions were introduced in subsequent years
Measures by FM welcome, but more would be needed
Gautam Chhaochharia, head of India research, UBS Securities, in an interview with Hamsini Karthik says the markets remain in an expensive zone despite the recent correction
The Centre on Friday announced a slew of measures to revive growth momentum, including rollback of enhanced super-rich tax on foreign and domestic equity investors imposed in the Budget
PSBs get Rs 70,000 crore; home, auto loans to become cheaper
Taxes had risen for foreign portfolio investors (FPIs) and others following surcharges introduced in the Budget
The Rs 70,000-crore recapitalisation announced in the Budget will be sped up
In a post-market hours press briefing today evening, Finance Minister Nirmala Sitharaman withdrew the enhanced surcharge on long and short-term capital gains
Finance Minister Nirmala Sitharaman's measures come after the government was criticised for failing to stem a rout in local equity markets and a slowdown in demand.
Sitharaman said surcharge on long and short term capital gains arising from transfer of equity shares has been withdrawn
Govt to infuse upfront Rs 70,000 crore into public sector banks to enable release of Rs 5 trillion liquidity in the market
Nirmala Sitharaman had proposed increasing the effective tax rate on individuals with taxable annual income of above Rs 2,000 cr by about 3%, and for those earning above Rs 5,000 cr by 7%