The Dow Jones Industrial Average was down 2.53 per cent at 34,898 in early trading, tracking its worst day since late October 2020
But they have invested over Rs 53,000 cr in the primary market, indicating investors have been reallocating their holdings without bringing in much fresh capital
Amount contributed by MFs nearly half of that invested by FPIs
Current framework restrictive, impacting capital allocation, FPIs tell regulator
FPIs infuse net Rs 1.4 trn into Indian equities, DIIs withdraw Rs 36,682 crore
Sensex, Nifty drop more than 1%; foreign investors sell shares worth Rs 5,143 crore
Investors turn jittery over high valuations, inflation
FPIs urge regulator to defer move to T+1, which kicks in from January 1
There is strong support for Sensex at 58,000-59,000 and Nifty at 17,000-17,300
In a Q&A, R Sivakumar says the key drivers of foreign flows in India would be the inclusion of Indian bonds in global fixed-income benchmarks
The concern is that should, for example, one exchange turn into a T+1 exchange, we could see a fragmentation of the order book and the liquidity, should domestic volumes move to such T+1 exchange
According to data from depositories, overseas investors invested Rs 4,385 crore into equities and Rs 3,220 crore in the debt segment during September 1-9
Foreign portfolio investors (FPI) have so far made a total net investment of Rs 7,575 crore in India so far in September, as per NSDL data.
Sebi on Tuesday introduced an optional T+1 settlement cycle for the markets, with effect from January 1
In August, they invested the highest sum into fast-moving consumer goods (FMCG) stocks, while yanking out money from high-beta sectors such as auto and banking.
Phased, optional transition to T+1 is a pragmatic decision
The provisions of the circular come into effect from January 1, 2022; FPIs stare at challenges
FPIs have the highest allocation to financial stocks at 31.8 per cent, followed by information technology (IT) at 14.67 per cent.
In equities, they invested just Rs 2,082.94 crore while debt segment saw inflow of Rs 14,376.2 crore between August 2-31, depositories data showed.
Both indices added nearly 9 per cent each in August, their best monthly showing since November