Part of the reason for the long-term underweight has been that many investors preferred China's cheaper and dynamic market, while entry and exit costs for funds can be high in India
The market regulator is also working to make regulations 'light-touch' for those FPIs which only invest in government securities or are sovereign funds
Foreign investors have adopted a cautious stance and infused Rs 7,320 crore in the Indian equities in August owing to high valuation of stocks and the unwinding of the Yen carry trade after Bank of Japan raised interest rates. This investment was way lower than Rs 32,365 crore in July and Rs 26,565 crore in June, according to data with the depositories. While September is likely to see continued interest from FPIs, the flows would be shaped by a combination of domestic political stability, economic indicators, global interest rate movements, market valuations, sectoral preferences, and the attractiveness of the debt market, Vipul Bhowar, Director Listed Investments, Waterfield Advisors, said. According to the data with the depositories, Foreign Portfolio Investors (FPIs) made a net investment of Rs 7,320 crore in Indian equities in August. The fundamental reason for the poor FPI interest compared to the preceding two months is the high valuation in the Indian market. With Nifty ...
Iran's president said Saturday his country needs some $100 billion in foreign investment to achieve an annual target of 8% economic growth up from the current rate of 4%. The remarks by Masoud Pezeshkian, who was elected in July, came in his first live televised interview by state TV. Pezeshkian said Iran needs up to $250 billion to reach its goal but more than half is available from domestic resources. Experts say growth in GDP of 8% would reduce double-digit inflation and unemployment rates. Hundreds of entities and people in Iran from the central bank and government officials to drone producers and money exchangers are already under international sanctions, many of them accused of materially supporting Iran's Revolutionary Guard and foreign militant groups such as Hamas, Hezbollah and the Houthis. Pezeshkian in his interview complained about the sanctions and said his administration plans to reduce inflation, which is running at more than 40% annually, if we solve our problems
Banking sector deals in India, especially those involving foreign entities, are rare
Investors are pumping money instead into initial public offerings (IPOs), whose valuations are lower
The new provision could enable investments in rupees in select nations of "strategic interest" to India, said the official with direct knowledge of the plans
RBI deputy governor T Rabi Sankar and top officials of some public sector banks are visiting Moscow for a meeting of the India-Russia Joint Business Council for banking and finance
After infusing money during the last two months, foreign investors have turned net sellers as they pulled out over Rs 13,400 crore from Indian equities in August so far due to unwinding of the yen carry trade and recession fears in the US. So far this year, FPIs have made a net investment of Rs 22,134 crore in equities, data with the depositories showed. Going forward, if the market continues to rise, FPIs are likely to press more sales since Indian stock valuations continue to remain elevated, particularly in relation to valuations in other markets, V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said. According to the data, Foreign Portfolio Investors (FPIs) withdrew a net amount of Rs 13,431 crore from equities so far this month (August 1-9). This came following an inflow of Rs 32,365 crore in July on expectation of sustained economic growth, continued reforms and better-than-expected earnings season, and Rs 26,565 crore in June driven by political ...
Patra says exclusion of new 14/30-yr G-sec from FAR to boost 5/10-yr bond demand
Japanese Yen, a favourite for carry trade, has appreciated by 10 per cent in the last three weeks; thus, prompting fears of large scale unwinding and its ripple effects on global markets
The decision had been made in consultation with the government, the Reserve Bank of India added, but gave no reason
Currently, foreign investors hold around $1 billion worth of existing 30-year bonds
Debt market witnessed Rs 3,370 crore inflows in two trading sessions following the inclusion of Indian bonds in JP Morgan's index
The 10-year benchmark bond yield inched up to 7.02 per cent during the day as traders sold their securities at a profit
The Securities and Exchange Board of India is discussing with the Reserve Bank of India to make the registration and maintenance process easier
Foreigners are eagerly buying bonds before they're added to JPMorgan Chase & Co.'s main emerging market debt index from Friday
Types of stock market investors: Each investor category as their own interpretation of the Indian stock market, which in turn reflects in their investment strategy
About $1.2 billion flowed into the country's stocks through exchange-traded funds and mutual funds in the week ended June 5 - the day Modi secured the coalition
Foreign investors withdrew nearly Rs 14,800 crore from domestic stocks in the first week of this month, influenced by India's Lok Sabha election results and attractive valuations of Chinese stocks. The outflow came following a net outflow of Rs 25,586 crore in May on poll jitters and more than Rs 8,700 crore in April on concerns over a tweak in India's tax treaty with Mauritius and a sustained rise in US bond yields. Before that, FPIs made a net investment of Rs 35,098 crore in March and Rs 1,539 crore in February, while they took out Rs 25,743 crore in January, data with the depositories showed. From a medium to long-term perspective, the direction of interest rates will remain a key driver for foreign investment flows into the Indian equity markets. According to the data, Foreign Portfolio Investors (FPIs) made a net withdrawal of Rs 14,794 crore this month (till June 7). The general election results in India significantly influenced foreign investor flows in Indian equity marke