Despite the 3 per cent gain in September 2019, the FPI sell-off during the quarter has seen the benchmark indices register negative returns in Q3CY19
As per latest depositories data, foreign portfolio investors pulled out a net amount of Rs 4,263.79 crore from equities but infused a net Rs 3,000.86 crore into the debt segment
The signal to equity investors has not been too encouraging, says Investec India's Mukul Kochhar
After dropping about 400 points intra-day, Sensex ends with 100-point gain on reports that Centre is examining FPI concerns
There is still a possibility of some relief to the FPIs, when the parliament gives final approval to the tax proposals later this month
FPIs have been net buyers for the past five consecutive months
The move will also help Embassy Office Park REIT
Investment in domestic equities by fund managers could be largely attributed to retail investors
Common application form for FPIs has been devised with a view to enhance operational flexibility and ease of access to Indian capital markets
The report further noted that India's growth is likely to accelerate relative to emerging market equities
The overall net inflow has made 2017 as the best period for Indian capital markets in terms of overseas investment in three years with combined net inflow of over Rs 2 lakh crore