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Hike stakes in 639 companies to gain an average 6.4%, prune holdings in 700 underperformers; retail investors, on the other hand, get many of their calls wrong
Current threshold of 25% too high for certain categories of investors, fears the regulator
Some downgrades are expected but the extent of the revisions will depend on how the situation evolves around input costs and companies' ability to raise prices"
This came amid buoyancy in the secondary market
Confidentiality, difficulty in differentiating an account as client or non-client are some of the issues raised
Of the total 50 companies from the Nifty index, FPIs has reduced their holdings in 45 companies during the recently concluded quarter
Private sector lender IndusInd Bank has caught the fancy of overseas investors
Top sectors that witnessed FPI buying included financials, insurance, oil, gas and telecommunication services.
The investment value of several top foreign portfolio investors (FPIs) in Indian shares has doubled or nearly doubled in the past three years.Government of Singapore Investment Corporation (GIC Pte) has seen its investment value more than double from Rs 17,823 crore to Rs 40,571 crore, data collated from Prime Database shows.The data looks at funds that own more than one per cent in Indian stocks and is for the period between March 2014 and March 2017.Government Pension Fund Global, a sovereign wealth fund owned by the government of Norway, saw its investment value double from Rs 9,709 crore to Rs 19,516 crore in this period. Canada Pension Plan's investment rose 13 times, to Rs 12,015 crore.The largest FPI is EuroPacific Growth Fund -- it manages assets of about $137 billion worldwide and invests in companies based chiefly in Europe and the Pacific Basin. The value of its holding in Indian stocks nearly doubled to Rs 60,507 crore. As on April 30, the Fund's top 10 holdings included ..
Grandfathering is term for alteration of rules that apply to a certain investment technique