The US interest rate cut and the strength of the Indian market have attracted foreign investors, who have invested close to Rs 33,700 crore in Indian shares thus far this month. Based on depositories’ data, this is the second-largest monthly inflow for 2024; the biggest was in March when FPIs invested a total of Rs…
Foreign Portfolio Investors (FPIs) have switched to net sellers this month, taking out more than Rs 13,400 crore from Indian stocks as of the beginning of August. This reversal comes after several months of rising investment. Earlier this year, foreign portfolio investors (FPIs) invested a total of Rs 22,134 crore in Indian stocks. On the…
In July, foreign portfolio investors bought a net amount of Rs 32,365 crore, however, due to concerns about high valuations and the topline growth forecast, among other reasons, foreign investors sold in some sectors, such as IT, power, metals, and energy. According to NSDL data, in July, foreign institutional investors (FIIs) sold shares valued at…
Driven by optimism regarding the country’s solid economic fundamentals in the face of a challenging global climate, foreign investors made a strong return on their more than Rs 2 lakh crore investment in Indian shares in 2023–2024. Foreign Portfolio Investors (FPIs) have made net investments in the Indian equities markets amounting to around Rs 2.08…
As per the latest research by CRISIL, the Indian economy is predicted to develop at an average annual pace of 6.7% until the end of the decade. Between the fiscal years 2024 and 2031, the economy will expand at this rate, slightly faster than the 6.6% pre-pandemic average. Capital will be the primary driver of…
Up until December 20, foreign portfolio investors (FPIs) invested $20 billion in Indian stocks, the second-highest amount in the previous ten years. FPIs made $23 billion in market investments in India in 2020. It is noteworthy that only Japan’s economy, which attracts $30 billion, is larger than India’s among Asian economies. This year, South Korea,…
According to government data, foreign direct investment (FDI) into India decreased 34% to USD 10.94 billion during April to June 2023–24, with fewer inflows in computer hardware and software, telecom, auto, and pharma being the main drivers. During April to June 2022–2023, FDI inflows totaled USD 16.58 billion. The amount of inflows between January and…
The Aditya Birla Group plans to invest Rs 1,250 crore in its financial services division, Aditya Birla Capital Ltd. According to a statement on Thursday, the board of Aditya Birla Capital Ltd. (ABCL), which engages in lending, asset management, and insurance, approved a preferential issue of Rs. 1,250 crores to its promoter and promoter group…
The largest stainless steel producer in the nation, Jindal Stainless (JSL), has set aside Rs 2,500 crore in capital for FY24, which will be mostly utilized to complete its recent acquisitions. In addition, the business wants to rank among the top three stainless steel producers outside of China. JSL made plans to invest $157 million…
Foreign portfolio investor (FPI) inflows have been impacted by the halting of the dollar-to-rupee carry trade, according to analysts. Statistics indicate that in 2022, FPIs sold more than $16.5 billion worth of Indian shares, or $68 million per day. Including GQG investments in the Adani Group, FPI sales in 2023 to date total more than…
