Mumbai: Indian equities slumped in a broad-based selloff on Friday tracking weak global trends as traders cut bets ahead of the crucial US jobs data scheduled to be released after trading hours in Mumbai. Speculation that foreign funds were selling ahead of the deadline to comply with the ultimate beneficial ownership norms on Friday also … Read more
London : China may see its first yearly outflow from equities in 2024 — but if and when it happens, investors won’t know from exchange data. That’s because the country’s stock exchanges will stop releasing daily data on overseas fund flows starting Monday, depriving investors of a key sentiment indicator to track the $8.3 trillion … Read more
Nine months after JP Morgan announced the inclusion of Indian government debt in its emerging markets index, the incremental ownership of sovereign bonds by foreign portfolio investors has climbed more than $10 billion, with purchases topping the billion-dollar threshold so far this month. As of June 18, the indicative value of aggregate FPI holdings in … Read more
With domestic money inflow outperforming the overseas in the past few years, the share of foreigners in India’s total market cap has consistently retreated from a peak of about 24-25%. Synopsis But that’s the seemingly outlandish threshold overseas funds were close to overhauling last month in gross purchases of Indian stocks – thanks to mouth-watering … Read more
Mumbai: India’s equity indices gained 0.5% on Tuesday with the Nifty closing at a record level, led by gains in public sector power companies and private banks. Analysts said foreign funds cut some of their bearish bets, aiding sentiment. The Nifty gained 0.34% or 74.7 points to close at 22,196 after making a lifetime high … Read more
