In January, FPIs withdrew Rs 64,156 crore from Indian equity markets
The exodus of FPIs from Indian equity markets continues unabated. In January so far, they withdrew Rs 64,156 crore ($ 7.44 billion).
The exodus of FPIs from Indian equity markets continues unabated. In January so far, they withdrew Rs 64,156 crore ($ 7.44 billion).
In January so far, foreign investors have withdrawn Rs 22,194 crore from Indian equities.
FPIs began the week on a positive note, investing Rs 3,126 crore in equities during the first two trading sessions between December 16-20.
As per NSDL data, FPIs were buyers of equity in the cash market on all days of the week.
In the fortnight of September, foreign investors have infused Rs 27,856 crore in domestic equities.
In the month of August so far, foreign investors infused Rs 11,366 crore in the Indian debt market, pushing the net inflow tally in the debt segment to over the Rs 1-lakh-crore mark.
In July, foreign investors infused Rs 32,365 crore into Indian equities on the back of expectation of continued policy reforms and sustained economic growth and better-than-expected earnings season.
Foreign Portfolio Investors (FPIs) have raised concerns regarding the Securities and Exchange Board of India’s (SEBI) plan to introduce instant trade settlement in the equity markets.
FPIs had withdrawn a whopping Rs 24,548 crore from Indian equities during October which resulted in the stock markets turning volatile.
The market had not positioned itself for the US 10-year bond yield at 4.95 per cent and, therefore, this unexpected spike in yields will take its toll on equity markets
