Business Standard

Fpi Outflow

FPIs take out Rs 14,800 cr from domestic stocks after election results

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

FPIs take out Rs 14,800 cr from domestic stocks after election results
Updated On : 09 Jun 2024 | 11:06 AM IST

India bucks trend: FPI investments flow in despite emerging mkt slowdown

FPIs sold stocks in consumer staples, financials and information technology sectors in April 2024

India bucks trend: FPI investments flow in despite emerging mkt slowdown
Updated On : 28 May 2024 | 6:06 AM IST

FPIs withdraw Rs 17,000 cr from equities in May over political uncertainty

Foreign investors pulled out a massive Rs 17,000 crore from Indian equities in the first 10 days of the month owing to general election and the uncertainty surrounding its outcome coupled with expensive valuations and profit booking. This was way higher than a net withdrawal of Rs 8,700 crore in the entire 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. Looking ahead, post-general elections, corporate India's strong financial performance in Q4 FY24 is anticipated to be rewarded. While FPIs may adopt a cautious stance until the election results are clear, favourable outcomes and established political stability could see their return in significant numbers, Trivesh D, COO at Tradejini, said. According to the data with the depositories, Foreign Portfolio Investors (FPIs) experienced a net outflow of Rs 17,083 crore in equities

FPIs withdraw Rs 17,000 cr from equities in May over political uncertainty
Updated On : 12 May 2024 | 12:09 PM IST

Why did FPIs sell FMCG, IT stocks in April? Here's all you need to know

Apart from the bond yields and geopolitical crisis, another trigger for FPI selling was the tweak in India's tax treaty with Mauritius, which would now impose higher scrutiny on investments

Why did FPIs sell FMCG, IT stocks in April? Here's all you need to know
Updated On : 23 Apr 2024 | 10:49 AM IST

FPIs pull out Rs 12,000 cr from equities so far in Oct; invest Rs 5,700 cr

Foreign portfolio investors (FPIs) have withdrawn over Rs 12,000 crore from Indian equities this month so far, mainly due to a sustained rise in US bond yields and the uncertain environment resulting from the Israel-Hamas conflict. However, the story takes an intriguing turn on observing FPI activity in Indian debt as they have infused over Rs 5,700 crore into the debt market during the period under review, data with the depositories showed. Going ahead, the trajectory of FPIs' investments in India will be influenced not only by global inflation and interest rate dynamics but also by the developments and intensity of the Israel-Hamas conflict, Himanshu Srivastava, Associate Director - Manager Research, Morningstar Investment Adviser India, said. Geopolitical tensions tend to elevate risk, which typically hurts foreign capital inflows into emerging markets like India, he added. According to the data with the depositories, foreign portfolio investors (FPIs) sold shares worth Rs 12,14

FPIs pull out Rs 12,000 cr from equities so far in Oct;  invest Rs 5,700 cr
Updated On : 22 Oct 2023 | 10:26 PM IST

FPIs sell-off continues; take out Rs 8,000 car from equities in October

Foreign Portfolio investors (FPIs) have dumped Indian equities worth Rs 8,000 crore in the first week of October on the back of dollar appreciation and the steady rise in the US bond yields. This came after FPIs turned net sellers in September and pulled out Rs 14,767 crore. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period. Going ahead, FPIs are unlikely to turn buyers in the market soon in the context of the elevated dollar and US bond yields, V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said. According to the data with the depositories, Foreign Portfolio Investors (FPIs) sold shares to the tune of Rs 8,000 crore in this month (till October 6). India continues to be on top of emerging economies in attracting FPI this year, but September witnessed selling and October has begun with the same trend. "The dominant factor impacting capital flows

FPIs sell-off continues; take out Rs 8,000 car from equities in October
Updated On : 08 Oct 2023 | 1:30 PM IST

FPIs outflow in equities crosses Rs 10,000 cr mark in Sep on rising rates

Foreign Portfolio Investors (FPIs) have pulled out over Rs 10,000 crore from Indian equities in the first three weeks of September, primarily due to rising US interest rates, recessionary fears, and overvalued domestic stocks. Before the outflow, FPIs were incessantly buying Indian equities in the last six months from March to August and brought in Rs 1.74 lakh crore during the period. Mayank Mehra, smallcase, manager and principal partner at Craving Alpha,believes that strong economic growth prospects, attractive valuations, and government reforms could support foreign investment flows in the next month. "Since valuations remain high even after the recent pullback and US bond yields are attractive (the US 10-year bond yield is around 4.49 per cent) FPIs are likely to press sales so long as this trend persists," V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said. According to the data with depositories, in the 15 trading days, so far in September, FPIs

FPIs outflow in equities crosses Rs 10,000 cr mark in Sep on rising rates
Updated On : 24 Sep 2023 | 10:18 PM IST

FPI flows turn positive on trailing one-year basis after 16 months

Trailing 12-month FPI flows currently at $7.3 billion-most since November 2021

FPI flows turn positive on trailing one-year basis after 16 months
Updated On : 22 May 2023 | 4:40 PM IST

Financials see highest FPI flows despite turmoil in US banking sector

Strong flows into domestic banks even as their developed world counterparts reeled under pressure was underpinned by improved outlook

Financials see highest FPI flows despite turmoil in US banking sector
Updated On : 09 May 2023 | 6:01 PM IST

FPI outflows, Adani group's FPO cancellation sour mood for rupee

The domestic currency closed at 82.18 per US dollar as against 81.93 per dollar on Wednesday

FPI outflows, Adani group's FPO cancellation sour mood for rupee
Updated On : 02 Feb 2023 | 11:16 PM IST

Sensex snaps two-day rally amid global weakness, falls 187 points

Weak US consumer data and hawkish comments from the Fed's policymakers hammered investor risk appetite

Sensex snaps two-day rally amid global weakness, falls 187 points
Updated On : 19 Jan 2023 | 11:40 PM IST

Rupee slides 0.5% as importers continue to lock in dollar purchases

FPI outflows, likely RBI dollar purchases weigh on domestic currency

Rupee slides 0.5% as importers continue to lock in dollar purchases
Updated On : 17 Jan 2023 | 10:56 PM IST

Markets end on flat note amid unabated foreign fund outflows and weak trend

In a highly volatile trade, equity benchmarks ended on a flat note on Wednesday amid unabated foreign fund outflows and a weak trend in index heavyweight Reliance Industries. Continuing its previous day decline, the 30-share BSE Sensex dipped 9.98 points or 0.02 per cent to settle at 60,105.50. During the day, it declined 309.7 points or 0.51 per cent to 59,805.78. The broader NSE Nifty skidded 18.45 points or 0.10 per cent to end at 17,895.70. From the Sensex pack, Bharti Airtel, Hindustan Unilever, Titan, Reliance Industries, Nestle, IndusInd Bank, Bajaj Finserv and NTPC were the major laggards. Sun Pharma, UltraTech Cement, Tata Motors, Larsen & Toubro, Tata Consultancy Services, HDFC Bank and Tata Motors were among the winners. "The biggest drag on the market in the near-term is the sustained selling by FIIs for 13 continuous sessions, which has taken the cumulative cash market selling to Rs 16,587 crore," said V K Vijayakumar, Chief Investment Strategist at Geojit Financial .

Markets end on flat note amid unabated foreign fund outflows and weak trend
Updated On : 11 Jan 2023 | 11:05 PM IST

FPIs sets record, offloaded Rs 1.2 trillion worth of Indian stocks in 2022

After three consecutive years of infusing huge funds, foreign portfolio investors retreated from the Indian equity markets in a big way in 2022 with the highest-ever yearly net outflow of nearly Rs 1.21 lakh crore. The huge outflow, which surpasses by a big margin the previous record of Rs 53,000 crore net withdrawal in 2008, came amid aggressive rate hikes by central banks globally but 2023 is expected to be better on positivity about overall macroeconomic trends in India, experts said. Apart from global monetary tightening, volatile crude, rising commodity prices along with Russia and Ukraine conflict led to an exodus of foreign money in 2022. Going ahead, the quantum of FPI outflows might not be as large as that seen in the first half of 2022 as India's growth is relatively promising compared to other developed and emerging economies, said Manish Jeloka, Co-head of Products and Solutions, Sanctum Wealth. Sanjiv Bajaj, Joint Chairman and MD of Bajaj Capital, said that FPI flows i

FPIs sets record, offloaded Rs 1.2 trillion worth of Indian stocks in 2022
Updated On : 28 Dec 2022 | 6:35 PM IST

TMS Ep331: FPIs, Karan Virwani, fertiliser stocks, Santa Claus rally

Why have FPIs turned negative on India? Why does WeWork India CEO think his firm is just scratching the surface? Will urea subsidy boost fertiliser stocks? What is a Santa Claus rally? Answers here

TMS Ep331: FPIs, Karan Virwani, fertiliser stocks, Santa Claus rally
Updated On : 23 Dec 2022 | 3:21 PM IST

Rupee strengthens to over one-month high on FPI flows, weak dollar

Indian currency at 1-month high on FPI flows, weak dollar

Rupee strengthens to over one-month high on FPI flows, weak dollar
Updated On : 09 Nov 2022 | 10:39 PM IST

Rupee logs best single-day gain since September 30 on strong FPI flows

The rupee settled at 82.44 per dollar on Friday versus 82.89 on Thursday

Rupee logs best single-day gain since September 30 on strong FPI flows
Updated On : 04 Nov 2022 | 10:33 PM IST

India-dedicated funds stanch FPI sell-off in September, shows data

If not for inflows from India-dedicated funds, the FPI outflow tally in September would have crossed $2 billion.

India-dedicated funds stanch FPI sell-off in September, shows data
Updated On : 27 Oct 2022 | 11:26 PM IST

Indian markets set to post worst Samvat show in 7 yrs; smallcaps outperform

FPIs offloaded nearly Rs 2 trillion ($265 billion) in Indian equities during Samvat 2078, data show.

Indian markets set to post worst Samvat show in 7 yrs; smallcaps outperform
Updated On : 21 Oct 2022 | 10:30 PM IST

India VIX signals caution, but don't panic just yet, say analysts

The latest reading is well below this year's average of 20.7. Moreover, Monday's 8.8 per cent advance is only the 10th largest seen this year

India VIX signals caution, but don't panic just yet, say analysts
Updated On : 30 Aug 2022 | 1:37 AM IST