Page 8 - Fpis

FPIs infuse Rs 12,170 cr in equities in June on hopes of economic growth

Staging a strong comeback after general election results, foreign investors pumped Rs 12,170 crore in Indian equities so far in June, mainly driven by expectations of continued policy reforms and sustained economic growth. This came following a net withdrawal of Rs 25,586 crore from equities in May on poll jitters and more than Rs 8,700 crore in April amid concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields. With the latest investment, the total outflow now stood at Rs 11,194 crore so far in 2024 (till June 21), data with the depositories showed. Going ahead, Sunil Damania, Chief Investment Officer at MojoPMS, said foreign portfolio investors (FPIs) inflow will remain constrained due to the high valuations currently commanded by the Indian equity market. FPIs had been waiting on the sidelines for the election results. So far in 2024, barring March (Rs 35,000 crore inflow), they have been pulling out from India. "Though the general elec

Sensex snaps six-day winning run; FPIs sell shares worth Rs 1.8k crore

Losses in RIL, L&T offset gains in IT stocks

Sebi eases timelines for FPIs to report, disclose material changes

While Sebi has specified a 14-point list for type 1 material changes, all other changes will fall under Type 2 category and will be required to be reported within thirty days with supporting documents

Lok Sabha election results: Trends send options market in a tizzy

Contract prices see wild swings as NDA's narrow majority fuels concerns

FPIs may lose exemption benefits as Sebi issues updated SOPs for custodians

The SOP also provides certain examples of the structures followed by regulators in other jurisdictions like the United States and Australia

FPIs turn net debt buyers in May ahead of JP Morgan index inclusion

The yield on the benchmark 10-year government bond fell by 20 basis points in May so far

RBI's notification on partly paid AIF units puts industry in a bind

Move to help regularise units issued to FPIs amid concerns on fee outgo

FPIs take out Rs 22,000 crore from equities in May amid poll jitters

Foreign investors have pulled out a massive Rs 22,000 crore from Indian equities so far this month, due to uncertainty surrounding the outcome of the Lok Sabha elections and outperformance of Chinese markets. This came following a net outflow of over Rs 8,700 crore in the entire April on concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields. Before that, FPIs made a net investment of Rs 35,098 crore in March and Rs 1,539 crore in February. Going forward, as clarity emerges on the election front, Foreign Portfolio Investors (FPIs) are likely to buy in India, since they cannot afford to miss the post-election results rally. Actually, the rally may begin even before the election results, VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said. According to data with depositories, Foreign Portfolio Investors (FPIs) witnessed a net outflow of Rs 22,047 crore from equities this month (till May 24). "This heavy selling was

FPIs exit BFSI, information technology stocks in May's opening weeks

FPIs trim holdings, await positive signals; experts eye post-Budget opportunities amid election tension

Mutual fund equity buying tops Rs 1 trillion for 2024, shows data

The elevated equity market deployment in April indicates sustained inflows into equity schemes despite volatility

Investments through P-note surge to near 6-yr high at Rs 1.5 trillion

Investments through participatory notes in the Indian capital markets reached Rs 1.5 lakh crore at the end of February, making it the highest-level in nearly six years, driven by a strong performance of the domestic economy. The latest data includes the value of P-note investments in Indian equity, debt, and hybrid securities. Participatory notes (P-notes) are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process. According to the latest data from markets regulator Sebi, the value of P-note investments in Indian markets -- equity, debt, and hybrid securities -- stood at Rs 1,49,517 crore at the end of February compared to Rs 1,43,011 crore at the end of January. The amount has reached the highest-level since June 2017, when investment through the route stood at Rs 1.65 lakh crore, data with the Securities and ...

FPIs get cautious amid ongoing Lok Sabha polls; inject Rs 1,156 cr in May

Foreign investors have adopted a "wait and watch" stance amidst the ongoing general elections and have infused just Rs 1,156 crore in the first two trading sessions of this month. This came after FPIs dumped equities worth Rs 8,700 crore in April, on concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields. Before that, FPIs made a net investment of Rs 35,098 crore in March and Rs 1,539 crore in February. In the two days of trading in May, Foreign Portfolio Investors (FPIs) have invested Rs 1,156 crore in equity and sold Rs 1,726 crore in debt, data with the depositories showed. "With general elections in full swing in India, foreign investors have adopted a wait and watch approach, until the election results are out," Himanshu Srivastava, Associate Director - Manager Research, Morningstar Investment Research India, said. Additionally, a mixed batch of US data has barely shaken the perceptions that the economy remains robust, indicating that

Why did FPIs sell FMCG, IT stocks in April? Here's all you need to know

Apart from the bond yields and geopolitical crisis, another trigger for FPI selling was the tweak in India's tax treaty with Mauritius, which would now impose higher scrutiny on investments

Vodafone Idea's FPO booked 6.4 times as foreign investors bet big

VIL has already allotted 4.9 billion shares to anchor investors, which includes GQG Partners Fidelity, Stichting, Redwheel, Motilal Oswal Mutual Fund and Troo Capital

FPIs withdraw over Rs 5,200 crore in April so far from domestic equities

Foreign investors dumped domestic equities worth over Rs 5,200 crore in April so far on concerns over tweaks in India's tax treaty with Mauritius, which would now impose higher scrutiny on investments made here via the island nation. This came following a staggering net investment of Rs 35,098 crore in March and Rs 1,539 crore in February, data with the depositories showed. According to the data with the depositories, Foreign Portfolio Investors (FPIs) made a net outflow of Rs 5,254 crore in Indian equities this month (till April 19). The major trigger for FPI selling was the tweak in India's tax treaty with Mauritius, which would now impose higher scrutiny on investments made in India via the island nation, Himanshu Srivastava, Associate Director, Manager Research, Morningstar Investment Research India, said. The two nations have reached a consensus on a protocol amending a double taxation avoidance agreement (DTAA). The protocol specifies that tax relief cannot be utilized for th

FPIs pull out of debt, selling pressure may continue until bond inclusion

Selling pressure may continue until India's inclusion in JPM index in June

FPIs infuse Rs 13,300 cr in April so far amidst bullish economic outlook

Foreign investors have infused over Rs 13,300 crore in Indian equities in the first two weeks of the month owing to a resilient domestic economy with promising growth prospects. Going ahead, concerns over changes in India-Mauritius tax treaty will weigh on Foreign Portfolio Investor (FPI) inflows in the near-term till clarity emerges on details of the new treaty, V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said. Another major concern is the surcharged geopolitical situation in the Middle East with heightened tensions between Iran and Israel. These will keep the markets on tenterhooks in the near-term, he added. Since domestic institutional investors (DIIs) are sitting on huge liquidity and the retail and HNIs in India are highly optimistic about the Indian market, FPI selling will be largely absorbed by domestic money. According to the data with the depositories, FPIs made a net investment of Rs 13,347 crore in Indian equities this month (till April ...

FPIs jettison FMCG and auto shares during March voyage, shows data

FMCG sells short on hope; auto stocks rev up for profit pullback

FPIs make remarkable comeback; infuse Rs 2 trillion in equities in FY24

Foreign investors made a strong return by injecting more than Rs 2 lakh crore into Indian equities in 2023-24, driven by optimism surrounding the country's robust economic fundamentals amidst a challenging global environment. Looking forward to 2025, Bharat Dhawan, Managing Partner at Mazars in India, said that the outlook is cautiously optimistic and anticipates sustained FPI inflows supported by progressive policy reforms, economic stability, and attractive investment avenues. "However, we remain mindful of global geopolitical influences that may introduce intermittent volatility, emphasising the importance of strategic planning and agility in navigating market fluctuations," he added. The outlook for FY25 from an FPI perspective, continues to remain strong, Naveen KR, smallcase Manager and Senior Director at Windmill Capital, said. In the current fiscal 2023-34, Foreign Portfolio Investors (FPIs) have made a net investment of around Rs 2.08 lakh crore in the Indian equity marke

FPIs invest over Rs 38K cr in equities in Mar so far amid positive outlook

FPIs have shown a significant resurgence in their investment activity within the Indian equity markets this month, injecting over Rs 38,000 crore, mainly driven by favourable shifts in the global economic scenario and strong domestic macroeconomic outlook. The investment came following a modest investment of Rs 1,539 crore in February and a massive outflow of Rs 25,743 crore in January, data with the depositories snowed. With this, foreign portfolio investors' (FPIs) investment has turned positive to the tune of Rs 13,893 crore in equities so far in 2024 and Rs 55,480 crore in the debt market. Himanshu Srivastava, Associate Director at Manager Research at Morningstar Investment Research India, highlighted that FPIs have become significant buyers in March. The improved global economic conditions and positive Indian macroeconomic scenario have driven FPIs to invest in high growth-oriented markets like India. Additionally, the recent market correction has provided a buying ...