Foreign Portfolio Investments

FPIs selling-spree continues; Rs 22,420 cr withdrawn from equities in Nov

Foreign investors have pulled out Rs 22,420 crore from the Indian equity market so far this month, owing to high domestic stock valuations, increasing allocations to China, and the rising US dollar as well as Treasury yields. With this sell-off, Foreign Portfolio Investors (FPIs) have recorded a total outflow of Rs 15,827 crore in 2024 so far. As liquidity tightens, FPI inflows are expected to remain subdued in the short term. A positive shift in FPI activity is unlikely before early January, keeping overall market sentiment weak, Akhil Puri, Partner, Financial Advisory, Forvis Mazars in India, said. According to the data, FPIs recorded a net outflow of Rs 22,420 crore so far this month. This came following a net withdrawal of Rs 94,017 crore in October, which was the worst monthly outflow. Before this, FPIs withdrew Rs 61,973 crore from equities in March 2020. In September 2024, foreign investors made a nine-month high investment of Rs 57,724 crore. The relentless FPI selling si

FPIs inflow hit 9-month high in equities in Sept, surpasses Rs 1trn mark

Foreign investors have poured Rs 57,359 crore into Indian equities in September, making it the highest inflow in nine months, mainly driven by a rate cut by the US Federal Reserve. With this infusion, foreign portfolio investors' (FPIs) investment in equities has surpassed the Rs 1 lakh crore mark in 2024, data with the depositories showed. Going ahead, FPI inflows are likely to remain robust, driven by global interest rate easing and India's strong fundamentals. However, the RBI's decisions, particularly regarding inflation management and liquidity, will be key in sustaining this momentum, Robin Arya, smallcase Manager and founder & CEO of research analyst firm GoalFi, said. According to the data, FPIs made a net investment of Rs 57,359 crore in equities until September 27, with one trading session still left this month. This was the highest net inflow since December 2023, when FPIs had invested Rs 66,135 crore in equities. Since June, FPIs have consistently bought equities after

FPIs inject Rs 11,366 cr in debt market in Aug, inflow surpasses Rs 1 trn

Foreign investors infused Rs 11,366 crore in the Indian debt market so far this month, pushing the net inflow tally in the debt segment to over the Rs 1-lakh-crore mark. Foreign investors' strong buying interest in the Indian debt market can be attributed to India's inclusion in JP Morgan's Emerging Market government bond indices in June this year. According to data with the depositories, Foreign Portfolio Investors (FPIs) injected Rs 11,366 crore in the debt market this month (till August 24). This inflow came following a net investment of Rs 22,363 crore into the Indian debt market in July, Rs 14,955 crore in June and Rs 8,760 crore in May. Before that, they pulled out Rs 10,949 crore in April. With the latest flow, FPIs net investment in debt has reached Rs 1.02 lakh crore in 2024 so far. Market analysts said that ever since the announcement of India's inclusion came in October 2023 year, FPIs have been front-loading their investments in Indian debt markets in anticipation of

FPIs invest Rs 15,352 cr in Indian equities during first two weeks of July

Foreign investors infused Rs 15,352 crore into Indian equities during the first half of this month, driven by the government's commitment to ongoing reforms, low US Federal rates, and strong domestic demand. The upcoming Union Budget will be one of the most watched events by foreign investors to understand the government's plans for economic growth, Himanshu Srivastava, Associate Director - Manager Research at Morningstar Investment Research India, said. According to the data with the depositories, foreign portfolio investors (FPIs) have made a net inflow of Rs 15,352 crore in equities this month (till July 12). This came following an inflow of Rs 26,565 crore in equities in June on the back of political stability and a sharp rebound in markets. Before that, FPIs withdrew Rs 25,586 crore in May on poll jitters and over 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. The latest FPIs' flow can be attribute

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FPI sell-off continues; Rs 3,400 cr pulled out in just 3 sessions in Nov

Foreign Portfolio Investors' (FPIs) selling spree continues as they pulled out over Rs 3,400 crore from the Indian equity markets in the first three trading sessions of November on rising interest rates and geopolitical tensions in the Middle East. This came after such investors withdrew Rs 24,548 crore in October and Rs 14,767 crore in September, data with the depositories showed. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period. Going forward, this selling trend is unlikely to continue since the main trigger for FPI selling, the rising bond yields, has reversed on the US Federal Reserve signalling a dovish stance in its November meeting. "The main trigger for this reversal in bond yields is the subtle dovish commentary from Fed chief Jerome Powell that 'despite elevated inflation, inflationary expectations remain well anchored'. The market has interpreted this statement

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FPIs take out Rs 4,800 cr from equities in first fortnight of September

Foreign portfolio investors (FPIs) have pulled out close to Rs 4,800 crore from equities in the first fortnight of September on rising US bond yields, a stronger dollar, and concerns over global economic growth. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period. In the coming days, FPIs are likely to press sale as the market is at record highs and valuations are high, V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said. "With high bond yields in the US (the 10-year is at 4.28 per cent) and the dollar index above 105, FPIs are likely to sell more," he added. According to the data with the depositories, Foreign Portfolio Investors (FPIs) pulled out a net sum of Rs 4,768 crore from the equities so far this month (till September 15). This figure includes bulk deals and investments through the primary market. This came after FPI investment in equiti

FPIs stay glued to Indian equities; infuse Rs 16,405 cr in June so far

Foreign portfolio investors (FPIs) continued to invest in Indian equities for a fourth straight month as they injected Rs 16,405 crore in June so far on the country's strong economic rebound and positive growth outlook. FPI flows touched a nine-month high of Rs 43,838 crore in equities in May, Rs 11,631 crore in April, and Rs 7,936 crore in March, data with the depositories showed. Before that, FPIs had pulled out over Rs 34,000 crore during January-February. "Considering the current investment trend, it is expected that FPIs will continue to show interest in the Indian market throughout the month," Mayank Mehraa, Smallcase manager and principal partner at financial consultancy Craving Alpha, said. The ongoing economic recovery, positive corporate earnings, and supportive policy environment are likely to sustain the inflow of funds, he added. However, valuation could become a concern as Indian markets continue to surge and stricter regulatory norms could also check foreign money .

FPIs invest Rs 8,643 core in equities on reasonable valuation of stocks

FPIs started the current financial year on a positive note and invested Rs 8,643 crore in Indian equities from April 3, data with the depositories showed

Even at $100 bn, FDI may not be sufficient to finance ballooning CAD

CAD is expected to hit a decadal high of 3.8% of GDP, or $130.5 bn; to make matters worse, FDI inflows expected are on gross basis and net inflows would be much lower than $100 bn

FPIs invest Rs 49,250 cr in August so far on strong corporate earnings

FPIs had turned net buyers for the first time in July, after nine straight months of massive net outflows, which started in October last year

FPIs pump in Rs 44,500 cr into Indian equities in three weeks of Aug

This was way higher than a net investment of nearly Rs 5,000 cr by Foreign Portfolio Investors in entire July, data with depositories showed

FPIs invest Rs 22k cr in Indian markets in Aug as inflation concerns soften

This was way higher than a net investment of nearly Rs 5,000 crore by Foreign Portfolio Investors (FPIs) in the entire month

Tightening liquidity conditions loom large over foreign flows to India

Indices tracking US financial conditions predict a sharp drop in the availability of easy money.

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FPIs' investment value in domestic equity surges 7% to $592-bn in Jun qtr

The value of the foreign portfolio investors (FPI) holdings in the domestic equities reached USD 592 billion in three months ended June 2021, a surge of 7 per cent from the preceding quarter

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