Excluding this, FPI activity in equities represents a strong selling undercurrent
FPIs bought equities worth $1.52 billionbetween March 1 and 15, the most since November 2022, according to National Securities Depository data
FPIs have not just built aggressive short positives on the index futures, they have also unwound their long positions in the single stock futures, shows an analysis by Nuvama Institutional Equities
Experts said the amendments will give Sebi increased powers to seek information from overseas funds
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To make a representation to FinMin for relief
Despite multi-year low valuations, brokerages see rise in demand and fall in inventory
The angel tax is on the amount received as more than fair market value as income in the hands of a company
Thus far in FY23, MFs have pumped in a net Rs 1.53 trillion in equities till March 1, 2023, Securities and Exchange Board of India (Sebi) data show, as compared to Rs 1.72 trillion in FY22
Stock markets are adjusting to new realities
Financial services, IT, capital goods among favoured sectors, with FPIs buying stocks worth over Rs 5,600 cr in these spaces
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
Not a single penny got raised from initial public offerings and follow-on public offers (FPO) last month
Industry to make representations to Finmin seeking grandfathering on existing investment
Currently, FPIs investing in government securities and corporate bonds avail concessional 5 per cent withholding tax rate
Experts said p-notes issued at GIFT would not boost flows into the onshore markets in a big way but would be used for securities traded at the IFSC
Global economic factors such as inflationary pressures, monetary tightening by central banks, and recessionary fears in advanced economies exerted pressure on FPIs to sell in Indian markets, Economic Survey 2022-23 said on Tuesday. In addition, investors were sitting on gains from Indian stocks that could be realised to offset losses elsewhere, the survey noted. These factors led to foreign portfolio investors (FPIs) pulling out a net amount of Rs 16,153 crore from the Indian capital markets during April-December FY23 as compared to an outflow of Rs 5,578 crore in the year-ago period, with both equity and debt segments witnessing net outflows. Segment-wise, FPIs made a net withdrawal of Rs 11,421 crore from equity markets and Rs 12,400 crore from debt markets. On the other hand, they invested a net amount of Rs 8,662 crore through debt Voluntary Retention Route (VRR) during the period under review. However, on account of strong macroeconomic fundamentals of the Indian economy and
FPIs have been adopting a cautious stance toward Indian equity markets for the past few weeks
Foreign investors have infused a net Rs 11,557 crore in Indian equities in December so far despite a market correction and increasing concerns over re-emergence of COVID in China and some other parts of the world. Going ahead, macro data from the US and COVID news will drive FPI flows and the markets in the near term, said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services. According to data with the depositories, Foreign Portfolio Investors (FPIs) invested a net sum of Rs 11,557 crore in equities during December 1-23. This comes following a net investment of over Rs 36,200 crore in November primarily due to weakening of the US dollar index and positivity about overall macroeconomic trends. Prior to this, foreign investors pulled out Rs 8 crore in October and Rs 7,624 crore in September, data with the depositories showed. "Despite correction in the markets, increasing concerns over re-emergence of COVID in some parts of the world and recession worries in the
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