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FPI selling spree continues in Nov at Rs 26,533 cr, pace of outflow slows

Foreign investors have pulled out Rs 26,533 crore from the Indian equity market this month so far owing to increasing allocations to China, concerns over muted corporate earnings and elevated valuation of domestic stocks. While the sell-off continues, the quantum of net outflows has significantly reduced compared to October, when Foreign Portfolio Investors (FPI) withdrew Rs 94,017 crore (USD 11.2 billion) on a net basis. With the latest pull-out, FPI outflows on a net basis are Rs 19,940 crore in 2024 so far. Going ahead, the flows from foreign investors into the Indian equity markets would depend on the policies implemented under Donald Trump's presidency, the prevailing inflation and interest rate dynamics, the trajectory of the geopolitical landscape, and the third-quarter earnings performance of Indian companies, Himanshu Srivastava, Associate Director - Manager Research, Morningstar Investment Research India, said. According to the data, FPIs recorded a net outflow of Rs 26,5

FPI selling spree continues in Nov at Rs 26,533 cr, pace of outflow slows
Updated On : 24 Nov 2024 | 10:53 AM IST

FPIs withdrew around Rs 20,000 cr from equities in last 5 trading sessions

The exodus of foreign investments from Indian equity markets continued unabated, with FPIs pulling out nearly Rs 20,000 crore in the last five trading sessions on higher valuations of domestic stocks and shifting their allocation to China. As a result, foreign portfolio investors (FPIs) have turned net sellers in the equity market, with total outflows reaching Rs 13,401 crore for 2024 so far. Going ahead, the FPI selling trend is likely to continue in the near term till data indicate the possibility of a trend reversal. If the Q3 results and leading indicators reflect a recovery in earnings, the scenario can change with FPIs reducing selling and even turning buyers. Investors will have to wait and watch for the data, VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said. With the newly elected US president not assuming office until January 2025, the Indian market's near-term direction will be more influenced by domestic factors like the Maharashtra assembly ..

FPIs withdrew around Rs 20,000 cr from equities in last 5 trading sessions
Updated On : 10 Nov 2024 | 11:20 AM IST

Asia markets start momentous month on cautious side, awaits US payrolls

Oil extended its rally, with Brent prices up almost 2 per cent to $74.13 a barrel, on reports that Iran was preparing a retaliatory strike on Israel from Iraqi territory in the coming days

Asia markets start momentous month on cautious side, awaits US payrolls
Updated On : 01 Nov 2024 | 9:18 AM IST

FPIs' holdings in Indian securities surpass $1 trillion for the first time

FPIs' equity holdings currently account for 16.4 per cent of India's total market capitalisation, down from 20.1 per cent in December 2020

FPIs' holdings in Indian securities surpass $1 trillion for the first time
Updated On : 08 Oct 2024 | 12:06 AM IST

FPIs squeeze markets for a sixth day; Sensex ends 639 points lower

FPIs sold shares worth nearly Rs 8,300 crore, extending their month-to-date selling to almost Rs 40,000 crore

FPIs squeeze markets for a sixth day; Sensex ends 639 points lower
Updated On : 08 Oct 2024 | 12:04 AM IST

FPIs pump over Rs 87,000 cr into domestic equities in September quarter

FPI flows had slumped in the first two quarters (March and June) of calendar 2024 after pumping Rs 53,036 crore in the December 2023 quarter

FPIs pump over Rs 87,000 cr into domestic equities in September quarter
Updated On : 23 Sep 2024 | 11:44 PM IST

FPIs inject Rs 27,856 cr in equities in Sept on US rate cut expectations

Foreign investors have infused Rs 27,856 crore in domestic equities in the first fortnight this month, owing to the resilience of the Indian market and growing optimism around the potential interest rate cut in the US. Foreign Portfolio Investors (FPIs) have been consistently buying equities since June. Before that, they pulled out Rs 34,252 crore in April-May. With the focus shifting to the US Federal Reserve's decision on interest rates in its upcoming FOMC meeting next week, its outcome will likely play a pivotal role in shaping the trajectory of future FPIs investments in Indian equities, Himanshu Srivastava, Associate Director- Manager Research, Morningstar Investment Research India, said. According to the data with the depositories, FPIs put in a net investment of Rs 27,856 crore into equities this month (till September 13). With this, FPIs' investment in equities reached Rs 70,737 crore so far this year. VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services

FPIs inject Rs 27,856 cr in equities in Sept on US rate cut expectations
Updated On : 15 Sep 2024 | 11:47 PM IST

FPIs seek legal route to dodge Sebi norms; deadline to disclose BO expires

Some FPIs have sought legal avenue to avoid complying with rules requiring disclosure of ultimate beneficial ownership (BO) to the markets regulator Sebi as the deadline expires on Monday. Two Mauritius-based foreign portfolio investors -- LTS Investment Fund and Lotus Global Investment -- have reportedly approached the Securities Appellate Tribunal (SAT) to seek urgent relief from adhering to Sebi's new norms for foreign investors. These two FPIs were named in the January 2023 report on Adani Group by the US-based short-seller Hindenburg Research. They have asked SAT to direct Securities and Exchange Board of India (Sebi) to give more time to meet these rules. Sebi set a deadline of September 9 for non-compliant FPIs that fail to provide detailed ownership disclosures to sell off their excess holdings and correct their violations. On Friday, there were rumours that some overseas funds were rushing to sell their holdings ahead of Monday's deadline. "Even though Sebi's deadline fo

FPIs seek legal route to dodge Sebi norms; deadline to disclose BO expires
Updated On : 09 Sep 2024 | 1:40 PM IST

Foreign portfolio investors turned net buyers in second half of August

After regaining their risk appetite, FPIs pumped money into consumer durables and information technology (IT) stocks. Power and metals stocks saw the maximum net outflows

Foreign portfolio investors turned net buyers in second half of August
Updated On : 05 Sep 2024 | 10:39 PM IST

What are investors betting on? FPIs add small and midcaps, sell large-caps

PSUs occupy a significant portion of the listed universe despite relatively stable earnings.

What are investors betting on? FPIs add small and midcaps, sell large-caps
Updated On : 23 Aug 2024 | 1:27 PM IST

FPI buying in Indian IT rises to highest since 2022 in July: NSDL data

Prior to this, the IT sector was divided into software, services and hardware technology

FPI buying in Indian IT rises to highest since 2022 in July: NSDL data
Updated On : 08 Aug 2024 | 2:57 PM IST

Markets catch their breath after record highs; Sensex closes at 79,925

Sharp rebound from election-result day lows is being driven by hopes of policy continuity, foreign portfolio investors (FPIs) turning net buyers again, and strong macroeconomic numbers

Markets catch their breath after record highs; Sensex closes at 79,925
Updated On : 11 Jul 2024 | 12:03 AM IST

FPIs put Rs 7.9K cr in equities in July, investment over Rs 1 trn in 2024

Foreign investors infused over Rs 7,900 crore in Indian equities in the first week of the month amid a healthy economic and earnings growth momentum. With this, total FPI investment in equities reached Rs 1.16 lakh crore so far this year, data with the depositories showed. Going forward, the Union Budget and Q1 FY25 earnings could determine the sustainability of FPI flows, experts said. According to the data, foreign portfolio investors (FPIs) have made a net inflow of Rs 7,962 crore in equities so far this month (till July 5). This came following an inflow of Rs 26,565 crore in equities in June, driven by 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. Some funds were probably waiting on the sidelines for the election event to be over, Milind Muchhala, Executive Director, Juliu

FPIs put Rs 7.9K cr in equities in July, investment over Rs 1 trn in 2024
Updated On : 07 Jul 2024 | 11:31 AM IST

Foreign investors now have more time to report changes to regulator Sebi

f an FPI delays informing a custodian (called a Designated Depository Participant or DDP) about a change, the DDP is required to report the delay to Sebi within two working days.

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Updated On : 06 Jun 2024 | 12:12 PM IST

FPIs withdraw Rs 28,200 crore from Indian equities on election jitters

Foreign investors have pulled out a massive Rs 28,200 crore from Indian equities so far this month, owing to uncertainties about the outcome of the general elections and attractive valuations of Chinese markets. The withdrawal was way higher than a net pullout of 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. Before that, FPIs made a net investment of Rs 35,098 crore in March and Rs 1,539 crore in February. Going forward, there is likely to be a dramatic change in foreign portfolio investors' (FPIs) equity flows in response to election results. Political stability will attract huge inflows in the Indian market, VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said. Following the Lok Sabha elections, FPI inflows into India could strengthen due to three key factors -- potential easing of interest rates by the US Federal Reserve, positive resolutions in global geopolitical tensi

FPIs withdraw Rs 28,200 crore from Indian equities on election jitters
Updated On : 19 May 2024 | 12:29 PM IST

FPI limit in G-sec unchanged at 6% of outstanding stocks of securities: RBI

The Reserve Bank on Friday said the limits for FPI investment in government securities, state development loans and corporate bonds will remain unchanged at 6 per cent, 2 per cent and 15 per cent, respectively, of outstanding stocks of securities for the current fiscal. As of now, all investments by eligible investors in the 'specified securities' will be reckoned under the fully accessible route (FAR), the RBI said in a notification. "The limits for FPI investment in government securities (g-secs), state government securities (SGSs) and corporate bonds shall remain unchanged at 6 per cent, 2 per cent and 15 per cent, respectively, of the outstanding stocks of securities for 2024-25," it said. The allocation of incremental changes in the g-sec limit (in absolute terms) over the two sub-categories 'General' and 'Long-term' will be retained at 50:50 for 2024-25, it added. The entire increase in limits for SDLs (in absolute terms) has been added to the general sub-category of state

FPI limit in G-sec unchanged at 6% of outstanding stocks of securities: RBI
Updated On : 27 Apr 2024 | 12:07 AM IST

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

Why did FPIs sell FMCG, IT stocks in April? Here's all you need to know
Updated On : 23 Apr 2024 | 10:49 AM IST

FPIs turn cautious, withdraw Rs 325 cr from Indian equities so far in April

FPIs have turned cautious as they pulled out Rs 325 crore from Indian equities in the first week of this month owing to relatively high valuations and the upcoming general elections. The net outflow came after a staggering investment of Rs 35,000 crore in March and Rs 1,539 crore in February, data with the depositories showed. Going ahead, Geojit Financial Services Chief Investment Strategist VK Vijayakumar said the US 10-year yield has spiked to 4.4 per cent, which will impact FPI (foreign portfolio investor) investment flows into India in the near term. However, FPI selling will be limited despite the high US bond yields since the Indian stock market is bullish and has been setting new records consistently, he added. smallcase Manager and Senior Research Analyst at Capitalmind Krishna Appala believes that FPIs might return post-elections or upon early signs of a US Fed rate reduction. According to the data with the depositories, FPIs withdrew Rs 325 crore from Indian equities th

FPIs turn cautious, withdraw Rs 325 cr from Indian equities so far in April
Updated On : 07 Apr 2024 | 11:40 AM IST

Second best December for IPOs since 1996, 11 companies raise Rs 8,182.7 cr

Six companies have already completed their fundraising process; two were listed on Wednesday.

Second best December for IPOs since 1996, 11 companies raise Rs 8,182.7 cr
Updated On : 20 Dec 2023 | 11:40 PM IST

Why FPI holding have hit a 10-year low despite India's strong fundamentals

Aggregate holdings of FPIs stand at Rs 54.5 trillion, implying 16.6% holdings of overall Indian equities as of Nov'23 which is the lowest since 2012.

Why FPI holding have hit a 10-year low despite India's strong fundamentals
Updated On : 24 Nov 2023 | 8:45 AM IST