Tag: FPIs

FPIs flood Indian equity markets, infuse Rs 1.5 trn despite uncertainty
Business

FPIs flood Indian equity markets, infuse Rs 1.5 trn despite uncertainty

FPIs made a net infusion of Rs 25,752 crore in equities in 2021, Rs 1.7 trillion in 2020, which was the best year, and Rs 1.01 trillion in 2019. In a dazzling resurgence, foreign investors have graced the Indian equity markets with an influx of nearly Rs 1.5 trillion in 2023, fuelled by optimism over the country's resilient economic fundamentals amid shadows of a gloomy global scenario. Experts believe that the positive trend may continue in 2024. This follows Indian equities witnessing the worst-ever net outflow of Rs 1.21 trillion by FPIs in 2022 on aggressive rate hikes by the central banks globally after net inflows for three consecutive years. Going forward, as the general elections approach next year, political stability and economic growth will become focal poin...
FPIs turn sellers after 6 mths of investment; pulls out Rs 14,767 cr in Sep
Business

FPIs turn sellers after 6 mths of investment; pulls out Rs 14,767 cr in Sep

After sustained buying in the last six months, FPIs have turned net sellers and pulled out of over Rs 14,767 crore from Indian equities in September, primarily due to dollar appreciation, steady rise in the US bond yields, and a spike in crude oil prices. Going forward, the outlook for FPI flows in India is uncertain, as it will depend on the performance of the Indian economy, the RBI's October monetary policy, and the outcome of the September quarter earnings, Mayank Mehra, smallcase, manager and principal partner at Craving Alpha, said. According to data with the depositories, Foreign Portfolio Investors (FPIs) have sold shares to the tune of Rs 14,767 crore in September. The latest outflow came after FPI investment in equities had hit a four-month low of Rs ...