Page 2 - Foreign Portfolio Investments
India records current account surplus of 0.1% of GDP, at $600 mn in Q4
As against this, there was a deficit of $4.6 bn, or 0.7% of GDP in the year ago quarter and $2.6 billion (0.4% of GDP) in Q3 of 2019-20
 "India records current account surplus of 0.1% of GDP, at $600 mn in Q4")
Unlock 1.0: After 3-month selling streak, FPIs invest Rs 21,235 cr in June
Earlier, foreign investors remained net sellers for three consecutive months. They pulled out a net Rs 7,366 crore in May, Rs 15,403 crore in April and a record Rs 1.1 trillion in March
 "Unlock 1.0: After 3-month selling streak, FPIs invest Rs 21,235 cr in June")
Top headlines: Trump blocks H-1B visa; India may cap China FPI investments
From Donald Trump blocking H-1B visa for certain foreign workers, Moody's lowering India GDP forecast to Maruti launching new BS-VI S-Presso, here are top news of the day
 "Top headlines: Trump blocks H-1B visa; India may cap China FPI investments")
Participatory note investment rises to over Rs 60,000 cr till May-end
P-notes are issued by registered foreign portfolio investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly
Top headlines: Import curbs on Chinese goods, SC on loan moratorium, & more
From Sebi easing capital raising norms, FPIs from China still behind other nations to Radhakrishna Damani looking to takeover India Cements, here are the top news on Thursday morning
 "Top headlines: Import curbs on Chinese goods, SC on loan moratorium, & more")
FPI investments from China at Rs 3,257 cr, still behind other nations
This is four times the amount of Rs 774 crore invested at the end of the previous quarter
 "FPI investments from China at Rs 3,257 cr, still behind other nations")
Foreign portfolio investors to pick up $300-million stake in YES Bank
The FPIs are in advanced talks with an Indian bank to act as a custodian.
 "Foreign portfolio investors to pick up $300-million stake in YES Bank")
EU's revised list includes Mauritius among high risk jurisdictions
Impact on India investments via Mauritius likely to be minimal
 "EU's revised list includes Mauritius among high risk jurisdictions")
Street signs: Banking stocks under pressure, FPI tally gets skewed and more
The performance of banking stocks is likely to weigh on the markets
 "Street signs: Banking stocks under pressure, FPI tally gets skewed and more")
FPIs pull out Rs 10,347 crore from capital markets in April so far
Between April 1-24, foreign portfolio investors (FPI) pulled out a net sum of Rs 6,822 crore from equities and Rs 3,525 crore from the debt segment, depositories data showed
 "FPIs pull out Rs 10,347 crore from capital markets in April so far")
Coronavirus pushes markets deeper into red; Sensex falls 143 points
Market players said if not for the buying by domestic investors, there could have a steeper decline. They bought shares worth over Rs 3,000 crore in each of the last two trading sessions.
 "Coronavirus pushes markets deeper into red; Sensex falls 143 points")
FPIs from Mauritius eligible for registration, after more scrutiny: Sebi
The clarification comes in the backdrop of apprehensions among market participants regarding whether inclusion of Mauritius in the 'grey list' would affect the registration of FPIs from Mauritius
 "FPIs from Mauritius eligible for registration, after more scrutiny: Sebi")
India remains favourite with FPIs despite a steady deterioration in macros
FPI's love for India shows in the premium valuation on Dalal Street
FPIs may face challenges related to withholding tax on dividend income
The tax applies even to FPIs that might otherwise have been protected from a higher tax rate because of existing treaties
 "FPIs may face challenges related to withholding tax on dividend income")
India's total market-cap rises to Rs 155 trn on growth in FPI, MF assets
Foreign portfolio investors (FPIs) and mutual funds (MFs) have seen their assets under custody (AUC) grow at a much faster rate
 "India's total market-cap rises to Rs 155 trn on growth in FPI, MF assets")
Foreign portfolio investors pour in $6 billion in the past two months
Flows have accelerated since corporation rate cut, lifting benchmarks by 13%
 "Foreign portfolio investors pour in $6 billion in the past two months")
Regulated entities like banks, AMCs can now invest as Category II FPIs
This will give a lot of flexibility to them to invest, based on different client strategies
 "Regulated entities like banks, AMCs can now invest as Category II FPIs")
Centre prioritises coking coal contracts over foreign mine purchases
Company may at best consider picking up stakes in coking coal companies instead of going for an outright purchase
 "Centre prioritises coking coal contracts over foreign mine purchases")
FPIs infuse over Rs 3,800 crore into capital markets in October so far
FPIs have been net buyers for the second consecutive month. In September, FPIs invested a net Rs 6,557.8 crore in the domestic capital markets
 "FPIs infuse over Rs 3,800 crore into capital markets in October so far")
FPIs bullish on insurance stocks; holding touches new high in Sep quarter
So far this calendar year, FPIs' stakes in SBI Life, Insurance ICICI Lombard and HDFC Life have risen by 18.85, 8.62 and 7.71 percentage points, respectively, since the December 2018 quarter
 "FPIs bullish on insurance stocks; holding touches new high in Sep quarter")
