After two weeks of buying, FPIs turned net sellers in Indian equities this week, with a net withdrawal of Rs 976 crore amid a strengthening US dollar and steady rise in US 10-year bond yields, impacting investor sentiment.
Foreign Portfolio Investors (FPIs) began the week on a positive note, investing Rs 3,126 crore in equities during the first two trading sessions (December 16-20).
However, the trend reversed in the latter half of the week, with FPIs offloading equities worth over Rs 4,102 crore in the subsequent three sessions. This resulted in an overall net outflow of Rs 976 crore during the week, data from National Securities Depository Limited showed.
Despite this short-term reversal, the broader December trend remains positive. FPIs have infused Rs 21,789 crore into Indian equities so far this month, reflecting continued confidence in India's economic growth potential and its resilient markets.
FPIs adopted a cautious approach due to the US Fed meeting and uncertainty about 

Foreign portfolio investor exodus: Financial sector bears the brunt, FPI

Fundraising via IPOs in India hit another landmark as economic growth, favourable market conditions and improvements in the regulatory framework helped companies raise a record Rs 1.6 lakh crore in 2024, while the pipeline for the next year holds out bigger promise.
This exceptional year not only reflected the confidence of issuers but also highlighted investors' eagerness to seize listing-day gains or back companies with strong long-term growth potential.
The year was marked by Hyundai Motor India's historic IPO, the largest in the country's history, which raised Rs 27,870 crore.
Companies of varying market capitalisations -- large, mid, and small -- tapped into the IPO route in 2024, with the average issue size rising significantly from Rs 867 crore in 2023 to over Rs 1,700 crore in 2024.
The exceptional vibrancy of the IPO market was evident, with December alone seeing at least 15 launches.
"Rising retail participation, strong domestic inflows and active participation by FPIs (

ipo market listing share market

In 2024, NPCI issued 20 third party application approvals. This was much higher than three and four issuances in 2022 and 2023 respectively

NPCI

Mohit Joshi, who took the helm of India's No.5 software services exporter in December 2023 wants to increase the share of BFSI in Tech Mahindra's revenue mix by up to 25 per cent by March 2027

Tech Mahindra

In line with the National Education Policy, Delhi University will introduce a one-year postgraduate programme starting in 2026.
The draft proposal will be discussed at the Academic Council meeting scheduled for December 27, according to the agenda to be tabled for the meeting.
Several changes have been incorporated into the plan, but some teachers have criticised the move, alleging it is being rushed for discussion.
DU has already implemented a four-year undergraduate programme, with the third semester currently underway.
Under this framework, students exiting after the first year receive a certificate, those leaving after the second year are awarded a diploma, and those completing three years obtain a degree. Students who complete the fourth year earn a degree with honours.
After three years, students can opt for a two-year PG course, while those completing four years can enrol in the one-year PG programme.
DU is now preparing to implement this system, with separate curricula be

Delhi University, DU

Embattled Canadian Prime Minister Justin Trudeau will shuffle his Cabinet Friday, a senior official familiar with the matter said Thursday.
The official confirmed the shuffle and spoke on condition of anonymity as they were not authorised to speak publicly on the matter.
Trudeau is facing rising discontent over his leadership, and the abrupt departure of his finance minister on Monday could be something he can't recover from.
A rising number of Liberal lawmakers are calling on Trudeau to resign but new Finance Minister Dominic LeBlanc said Thursday Trudeau has full support of his Cabinet."
LeBlanc said he respects the views of Liberal Members of Parliament who want Trudeau to resign.
That's a view they are expressing. The prime minister listened carefully when that view was expressed to him, LeBlanc said. He listened, in some cases responded to specific things that were raised, and he said he would reflect carefully.
LeBlanc said the government will remain focused on work and ...

Justin Trudeau, Canada PM

The I-T department probes Rs 7,500 crore spent on lavish weddings, targeting Jaipur planners and fake billing networks linked to foreign destination events and cash transactions

weddings, marriage

Congress calls FIR against Rahul Gandhi over Parliament scuffle a 'badge of honour', alleging BJP's vendetta and diversionary tactics to counter his protest against Amit Shah's Ambedkar remarks

Rahul Gandhi, Rahul, congress leader

Recently, Chennai Petroleum has formed a double-bottom pattern following a steep decline of 650 points, representing a 54 per cent price cut

Bull, Stock market

The National Commission condemned the builder for creating third-party rights during litigation, thereby depriving the buyer of a permanent roof over his head

gavel law cases

The Himachal Pradesh government raised milk procurement prices from Rs 38 to Rs 45 and that of buffalo milk from Rs 38 to Rs 55 per litre this April

sukhu

Brokers highlight strong demand for three or four of these IPOs, driven by attractive grey market premiums

share market stock market trading

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

Displaying categorized search results for billion

Latest News

In this section

All

Consumer protection: Buyer entitled to market value if flat is resold

We tried to close door that caused corruption: Himachal Pradesh CM Sukhu

Street signs: Capital's great takeoff, IPO buffet, SMEs defy gravity

Most Popular

Read

Shared

Commented

FPIs pull out Rs 976 crore from Indian equities amid rising dollar

IPO boom: Record Rs 1.6 trn raised in 2024; bigger gains expected in 2025

Number of UPI apps grows in 2024, yet top two command maximum market share

Displaying categorized search results for billion Advance Search