Fitch has used the pandemic impact to comment on lower growth for India, which can be -5 per cent this year due to the lockdown and its effects
This is four times the amount of Rs 774 crore invested at the end of the previous quarter
Rating agency ICRA had earlier in February estimated that Rs 2 trillion would likely be raised through the InvIT route over the next five years
According to provisional data provided by stock exchanges, overseas funds were net sellers to the tune of Rs 919 crore
The Budget earlier this year announced a 20% withholding tax on dividends paid to FPIs
After climbing to 34,928 in intra-day trade, the Sensex settled at 34,371 - 557 off the day's high but 83 points more than the previous close
The Sensex gained for the fourth consecutive day, rising 879 points, or 2.7%, to end at 33,303, while the Nifty rose 246 points, or 2.6%, to end at 9,826
Pull out $1.7 bn in a fortnight as stimulus action disappoints, Covid cases rise; India lags world markets in May
The inflow comes following a net withdrawal of Rs 6,883 crore in April and Rs 61,973 crore in March on fears of a coronavirus-induced global recession
The Senate passed a legislation earlier this week that requires non-US firms to meet a number of strict criteria to remain listed
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The selling was far less intense in India with foreign portfolio investors (FPIs) offloading shares worth only $400 million
The rebalancing is scheduled to take place on May 12 and the changes will become effective from June 1
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
IndusInd Bank was added to the so-called 'red flag' list two weeks ago after FPI shareholding crossed 71 per cent
Private sector lender IndusInd Bank has caught the fancy of overseas investors
The issue surfaced after the shareholding pattern disclosed by HDFC showed the People's Bank of China had hiked its stake in the mortgage lender during the March quarter
Market players suggest that the move could be specifically aimed at vetting applicants from China wanting to register as FPIs
Nearly 80 per cent of FPIs coming from Mauritius are currently classified as Category-II
Foreign portfolio investors pulled out Rs 62,000 crore from Indian equities in March