All posts tagged: fpi

Foreign investors pump billion into Fully Accessible Route bonds since January | Business News

Foreign investors pump $6 billion into Fully Accessible Route bonds since January | Business News

Published by Parlour News

Despite their heavy selling in the Indian stock market, foreign portfolio investors (FPIs) have made a significant investment in Indian bonds, injecting over Rs 51,730 crore (approximately $6 billion) through the Fully Accessible Route (FAR) since January this year. Of this, as much as Rs 29,044 crore came from FPIs in the month of March, according to data from the National Securities Depository Ltd (NSDL). The bond investment was also one of the reasons for strengthening of the rupee in the last a few days. FPIs’ bond investment has happened at a time when their selling in stock declined in March: after pulling out Rs 1.12 lakh crore in January and February, FPI outflows from stocks declined to just Rs 3,973 crore in March. FAR bonds are government securities designated under the fully accessible route, which allows foreign investors unrestricted access to invest in these bonds without any investment caps. The RBI introduced this route in March 2020 to increase foreign participation in India’s bond market. Story continues below this ad FAR was created to …

Equity market gets Rs 1,600 crore FPI inflows, down 99% from last year | Business News

Equity market gets Rs 1,600 crore FPI inflows, down 99% from last year | Business News

Published by Parlour News

THE YEAR 2024 saw a sharp slowdown in foreign portfolio investor (FPI) activity, with foreign investors pumping in just over Rs 1,600 crore on a net basis into the domestic equity market, a steep fall of 99 per cent from the robust inflows of Rs 1.71 lakh crore in the previous year. The significant shift can largely be attributed to concerns over the valuation of Indian stocks, below-expected domestic GDP growth in the second quarter of fiscal 2025, weak corporate earnings and higher US bond yields. According to the National Securities Depository Limited (NSDL) data, FPIs injected Rs 1,656 crore on a net basis into the Indian equity market this year (until December 27). Foreign investors were majorly selling in the stock market while buying in the primary market. In contrast to equities, FPIs net bought Rs 1.12 lakh crore of domestic debt in 2024, up from Rs 68,663 crore in 2023. Inflows in the debt voluntary retention route (VRR) and fully accessible route (FAR) categories were Rs 13,782 crore and Rs 28,795 crore in …

Sensex dips below 80,000 at opening, Nifty slips to 24,378 amid FPI outflows, weak earnings | Business News

Sensex dips below 80,000 at opening, Nifty slips to 24,378 amid FPI outflows, weak earnings | Business News

Published by Parlour News

Domestic benchmark equity indices Sensex and Nifty continued their fall on Wednesday, with the Sensex sliding below 80,000 mark for the first time in over two months and the Nifty 50 declining 0.38 per cent at the opening. At what levels have Sensex and Nifty opened? The BSE’s 30-share Sensex opened at 79,921.13, down 299.59 points, or 0.37 per cent, compared to the previous close of 80,220.72. This the first time since August 16, that the index has opened below the 80,000-level. The broader Nifty declined 93.95 points, or 0.38 per cent, to open at 24,378.15. However, both the indices kept fluctuating in the early morning trades. What is weighing on the sentiments of investors? The sell-off in the market is mainly due to the sustained outflows from the foreign portfolio investors (FPIs) and weak quarterly earnings during the second quarter of the current fiscal. “The ongoing trend of largecaps outperforming mid and smallcaps is likely to sustain, going forward. FII selling and the countervailing trend of DII buying is likely to continue,” said V …

Deadline for beneficial ownership of FPI holdings ends on Sept 9 | Business News

Published by Parlour News

Even as the deadline to disclose the beneficial owners of holdings in foreign portfolio investors (FPIs) to the Securities and Exchange Board of India (SEBI) ends on September 9, some of these foreign investors have sought legal recourse to keep away from adhering to the regulations. Two Mauritius-based foreign portfolio investors (FPIs) — LTS Investment Funds and Lotus Global Investment — have moved the Securities Appellate Tribunal, seeking urgent relief from complying with Sebi’s new foreign investor norms. These two FPIs were mentioned in the January 2023 report on the Adani Group by US-based short-seller Hindenburg Research. According to these FPIs, Sebi’s directions to comply with certain conditions that did not apply to other FPIs have discriminated their investors. They have sought time until March 2025 to meet these norms. In August last year, markets regulator Sebi had asked FPIs, holding more than 50 per cent of their equity AUM (assets under management) in a single corporate group or with an overall holding in Indian equity markets of over Rs 25,000 crore, to disclose granular …