India's macroeconomic indicators no longer seem appealing
In September quarter, foreign investors sold $3.2 bn of Indian stocks, highest among EMs
The net outflow by foreign portfolio investors (FPIs) follows withdrawal of Rs 12,770 crore from equities in August
This indicates that India remains an attractive destination for foreign portfolio investors
A falling rupee and lower foreign buying in equities are signals investors should watch out for
FPIs pulled out more than Rs 2,000 cr from equities during this period over higher stock valuations
Total investment in debt markets has crossed over Rs 1.2 lakh crore this year
FPI holding has risen by more than 1% in 73 entities
FPIs invested a net Rs 2,977 crore in equities during July 3-21
However, risks are also increasing and could trigger a change in the trend seen so far
This also marks the fifth consecutive monthly inflow by overseas investors
Over 2008-17, while FPIs have put $124 bn in Indian equities, Indians consumed $300 bn worth gold
Market players expect another round of auctions in July
Auction will be carried out by the BSE, on its 'ebidxchange' platform from 3.30 pm to 5.30 pm
Inclusion in global bond indices can result in billions of dollars in incremental FPI flows
Interestingly, most of the funds have been invested in debt markets
The FIIs/ FPIs has crossed the overall limit of 24% of its paid-up capital, RBI said
With latest inflow, total investment in capital markets has crossed over Rs 1 lakh crore this year
FPIs invested a net Rs 5,318 crore ($825 million) in debt markets during May 2-12
In comparison, about 2,900 FPIs had received approval from the Sebi