An analysis conducted by PRIME Infobase reveals the sectors where overseas funds turned the most bearish
The US economy, on the other hand, has remained resilient amid strong consumer spending and a resilient labour market
What is fuelling the strong overseas flows and fundamental factors supporting the market at the current levels? Kunal Vora, head, India equity research, BNP Paribas explains
The Sensex and the Nifty50 rose more than 2% each in May, extending their three-month gain to 5%
Foreign portfolio investors (FPIs) infused Rs 11,630 crore in the Indian equity markets in April on the reasonable valuation of stocks and appreciation in the rupee. This came after FPIs infused a net sum of Rs 7,936 crore in equities in March, mainly driven by bulk investment in the Adani Group companies by the US-based GQG Partners. However, if one adjusts for the investments of GQG in Adani Group, the net flow was negative. Going forward, the outlook for FPI flow is expected to remain volatile due to the tight monetary policy of the US Federal Reserve. The interest rate hike by 25 basis points in the coming policy meeting as indicated by the US Fed minutes, could impact FPI investments, Sonam Srivastava, founder of investment advisory firm Wright Research, said. However, the stability of the Indian economy compared to other emerging markets and reasonable valuations may continue to attract FPIs to Indian equities, she added. According to data from the depositories, FPIs started
The Nifty IT index fell 1.8 per cent on concerns over the growth outlook for the sector amid a slowdown in the US and European markets
Going forward, FPIs flow is expected to remain volatile, given the tight monetary policy of the US Federal Reserve
Capital markets regulator Sebi has made stringent norms for Foreign Portfolio Investors (FPIs), asking them to disclose any material change in their structure and common ownership within seven working days. With regard to new FPI registrations, the Securities and Exchange Board of India (Sebi) can ask them for any additional documents which may be required, according to a notification. Under the new rules, FPIs will inform Sebi and designated depository about any false or misleading information about change in material respect and any change in their structure or control within seven working days in writing. In addition, FPIs will have to inform in case of any penalty, pending proceedings, findings of investigations for which action may have been taken or is in the process of being taken by an overseas regulator against them within seven days. "In case of any direct or indirect change in structure or common ownership or control of the foreign portfolio investor or investor group, i
Looking from a medium-to-long term perspective, India is well positioned to deliver growth, both from the economy and equity market point of view
After three years of aggressive buying, foreign portfolio investors slammed brakes in 2022 and withdrew Rs 1.21 trillion from the Indian stock markets. Why have FPIs turned negative on India in 2022?
A return of foreign investors is bolstering the market, where the benchmark S&P BSE Sensex Index rose to an all-time high on Friday as risk assets rejoiced over a softer US inflation print
FPI flow is expected to remain volatile in the coming months on a slew of global and domestic factors, experts said
There is a clear trend reversal in FPI flows from July onwards since when overseas investors turned buyers in India after nine straight months of massive net outflows, which started in Oct last year
Despite the positive flows, the allocation in IT at 10.7 per cent dropped for the fifth consecutive month and is the lowest since March 2018
Between 2011-12 and FY22, the market value of FPI holdings had increased at an annualised rate of 16.5 per cent in local currency terms and a modest 11.5 per cent in US dollar terms
The Sensex rose 708.2 points, or 1.2 per cent, to end at 59,277 - the highest closing level since February 2
Consequently, FPIs' contribution to Indian equity-market capitalisation also fell during the quarter under review to 18.3 per cent from 19 per cent for the three months ended September 2021
As per analysts, institutions seem to be on a buying spree for IT, Banks, Capital Goods, and FMCG stocks
FPIs have actually offloaded stocks worth over Rs9,000 crore in the secondary market in November
FMCG, real estate, IT report positive flows