The value of foreign portfolio investors' (FPI) holdings in the domestic equities reached USD 584 billion at the end of December 2022, which was 11 per cent lower from preceding year, according to a Morningstar report. This was largely on low return given by the Indian equities and exodus of foreign money from the domestic stock market. Going by the report, the value of FPIs investments in Indian equities dropped to USD 584 billion as of December 2022 as compared to USD 654 billion at the end of December 2021. On a quarter-on-quarter basis, the value of FPIs investment grew 3 per cent from USD 566 billion in the three months ended September 2022. This was also the second consecutive quarter, when the value of their investment in the domestic stock market had increased. Consequently, FPIs' contribution to Indian equity market capitalisation also went up during the quarter to 17.12 per cent from 16.97 per cent in the September 2022 quarter. After posting a robust growth in 2020 and
The selling coincided with a slide in equity benchmarks, with Nifty 50 falling 2.45% in the first month of 2023
A likely tapering of rate hikes by US Fed is also seen taking the global sheen off the dollar and working in favour of emerging markets
The outflow in January came following a net inflow of Rs 11,119 crore in December and Rs 36,239 crore in November
Rate hikes, elevated valuation, and China reopening lead to reallocation of funds
After pulling out money from Indian equities market in the past two months, FPIs made a strong come back in November with a net investment of Rs 36,329 crore on weakening of the US dollar index and positivity about overall macroeconomic trends. This was the third month (July, August and November) in this year when FPIs witnessed net inflows. Moreover, they started the month of December on a positive note. Going forward, flow trajectory is expected to remain positive in December. However, some shift could be seen from expensive stocks to value stocks, Anita Gandhi, Whole Time Director and Head Institutional Business at Arihant Capital, said. India will get its fair share of Foreign Portfolio Investors (FPIs) money, however, the high valuation will be a deterrent, VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said. According to data with the depositories, FPIs invested a net sum of Rs 36,329 crore in equities in November. "The cooling US inflation, slug
Foreign investors have been aggressively buying Indian equities in November, investing Rs 30,385 crore this month so far, on stabilisation in rupee and resilience of the domestic economy
After withdrawing funds in the last two months, foreign investors came back strongly in the first week of November and infused Rs 15,280 crore in Indian equities
FPIs offloaded nearly Rs 2 trillion ($265 billion) in Indian equities during Samvat 2078, data show.
This was way higher than a net investment of nearly Rs 5,000 cr by Foreign Portfolio Investors in entire July, data with depositories showed
After turning net buyers last month, foreign investors continued their positive stance on Indian equities and invested over Rs 14,000 crore in first week of August amid softening of the dollar index
However, analysts do caution against intermittent phases of withdrawals by FIIs given macro-economic developments across major world economies
There has been an exodus of foreign funds from the Indian equity market over the last nine months
Wary of the scenario on the global and domestic fronts, foreign investors continued to withdraw from Indian equity markets and pulled out close to Rs 14,000 crore in this month so far
The value of foreign portfolio investors' (FPI) holdings in domestic equities reached $612 billion in the March quarter, down 6 per cent from the preceding quarter, according to a Morningstar report.
Most analysts expect the markets to remain choppy in FY23 amid multiple headwinds. The ongoing geopolitical crisis, they feel, will keep commodity prices elevated and market gains in check
Consequently, FPIs' contribution to Indian equity-market capitalisation also fell during the quarter under review to 18.3 per cent from 19 per cent for the three months ended September 2021
FPIs remain positive on Indian markets; invest Rs 41,330 cr in Aug so far
Even as ownership of some of the shareholding categories in NSE-listed firms has moderated, the value of holdings in absolute terms rose for a clutch of investor categories
The liquidity-driven rally also lifted shares of smallcap and midcap companies that are poised for their biggest quarterly gain in six years.