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
While net FPI slows for the initial two months were positive, FPI selling was seen accelerating in the subsequent two months
This is the fourth such communication from the market regulator to the designated depository participants/custodians in a month
As per the depositories data, FPIs pulled out a net sum of Rs 6,884 crore from equities and a net Rs 8,519 crore from the debt segment between April 1-30
In HDFC Bank, HDFC, ICICI Bank, SBI, Axis Bank and Bandhan Bank, FPIs reduced their holdings in the range of 100 bps to 300 bps.
While a coordinated aggressive monetary easing from the central banks is most likely to offer some respite in the near-term, it is unlikely to improve the sentiments
FPIs have been net buyers in the Indian markets since September 2019, the data showed
Sebi said FPIs would no longer be required to meet the 'broad-basing' criteria, under which at least 20 investors were required to establish a fund. Listen to this podcast for more
A net amount of Rs 6,301.96 crore was invested by foreign portfolio investors (FPI) into equities, while Rs 3,688.94 was pulled out of the debt segment
Prior to this, FPIs had poured a net Rs 16,464.6 crore in October and Rs 6,557.8 crore in September into the domestic capital markets (both equity and debt)
This follows a net investment of around Rs 7,850 crore by foreign portfolio investors (FPI) into equities in September
Doing away with the need for broad-basing of funds is expected to attract several new offshore funds to the country
Foreign brokerage Morgan Stanley says India's weight in the MSCI Emerging Market (EM) index could increase by 146 basis points (bps) if all these measures are implemented
Experts say the high issuance in the primary market is the reason for FPI flows not moving the needle much in terms of market performance