Market rally turning broad based in terms of number of stocks outperforming the benchmark index
The total holdings of these 100 FPIs was Rs 1.2 trillion by at March 2023-end quarter; of these, 51 FPIs had all their investments in a single corporate group
It is a dedicated platform for debt securities launched in 2020 by stock exchanges
On the day, stocks in the mid-cap and small-cap space saw profit-taking. The BSE Smallcap ended with just 0.05% gain, while the BSE Midcap index declined 0.22%
Before this, they invested a net sum of ~51,204 crore in equities in August 2022, the data showed
Markets regulator Sebi on Wednesday approved various proposals, including reducing the time period for the listing of shares in a public issue, mandating additional disclosure requirements for foreign portfolio investors and introducing board nomination rights for unitholders of InvITs and REITs. These were among the seven proposals approved by Sebi's board during its meeting here. The board has cleared reducing the time period for the listing of shares in public issues from the existing 6 days to 3 days from the date of issue closure (T Day). "The revised timeline of T+3 days shall be made applicable in two phases i.e. voluntary for all public issues opening on or after September 01, 2023, and mandatory on or after December 01, 2023," the regulator said in a release. The watchdog will enhance disclosure requirements for Foreign Portfolio Investors (FPIs), including mandating additional granular-level disclosures regarding ownership, economic interest and control of objectively ...
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 .
IFSCA seeks clarity from I-T to clear the decks for more FPIs to re-domicile in GIFT City IFSC
Load up on financials, automotive stocks in May
Sebi's proposal will make FPIs more transparent
Net buyers of equities worth Rs 37,317 crore in May, highest since Aug 2022
Though no official circular has been issued by the market watchdog, the efforts are being seen in the light of identifying the actual entity operating these FPIs
Foreign investors have put in Rs 30,945 crore in the Indian equities in May so far, driven by strong macroeconomic fundamentals, prospect of reducing interest rates, positive earnings outlook and falling valuations of stocks. With this, net inflows by Foreign Portfolio Investors (FPIs) reached Rs 16,365 crore in 2023 so far, data available with the depositories showed. Going forward, FPI investment in India is expected to continue since the prospects for the Indian economy and corporate earnings growth appear bright now, VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said. According to data from the depositories, FPIs invested a net sum of Rs 30,945 crore in Indian equities during May 2 - May 19. This came following a net infusion of Rs 11,630 crore in equities in April and Rs 7,936 crore in March. The March investment was mainly driven by bulk investment in the Adani Group companies by the US-based GQG Partners. However, if one adjusts for the investmen
This, after 17 quarters of net outflows on the trot; experts attribute change in FPI stance to better valuations in Indian market, strong fundamentals
Highest increase in holding by FPIs in the March quarter
Foreign investors have shown strong buying interest in Indian equities in May and invested more than Rs 23,152 crore in the first fortnight due to lower chances of further rate hikes by the US Federal Reserve, a strong domestic macro outlook and a good earning season. With this, now Foreign Portfolio Investors (FPIs) have become net buyers of equities in 2023 so far by attracting Rs 8,572 crore, data available with the depositories showed. Going forward, FPI flows should remain robust for the rest of the month as the global risk on the environment continues for some more time given that major macro data like the US non-farm payroll numbers and CPI numbers have been mostly in line with market estimates, Manish Jeloka, Co-head of Products & Solutions, Sanctum Wealth, said. "Since the rupee is strong and the dollar is expected to decline in the near term, FPIs are likely to continue buying in India. The improvement in India's macros also favours continued inflows into India," VK ...
Sebi has noted that the DMA facility will also help in implementing better hedging and arbitrage strategies
Capital markets regulator Sebi on Wednesday allowed stock exchanges to extend direct market access facility to foreign portfolio investors (FPIs) for participation in Exchange Traded Commodity Derivatives (ETCDs). The new provision would come into force with immediate effect, the Securities and Exchange Board of India (Sebi) said in a circular. Direct Market Access (DMA) facilitates the clients of a broker to directly access the exchange trading system through the broker's infrastructure to place orders without manual intervention by the broker. Also, DMA provides certain advantages to brokers such as direct control over orders, faster execution of orders, reduced risk of errors associated with manual order entry, maintaining confidentiality, lower impact costs for large orders and implementing better hedging and arbitrage strategies. "Based on representations received for enabling DMA facility to FPIs in ETCDs and deliberations by Commodity Derivatives Advisory Committee (CDAC) o
Strong flows into domestic banks even as their developed world counterparts reeled under pressure was underpinned by improved outlook
Sebi may exercise info-sharing rights under IOSCO, MoUs with nations