Mumbai: Battered shares of fast-moving consumer goods (FMCG) companies received the highest flows from foreign investors across sectors in the first half of March as they saw value in these stocks after their underperformance in recent years. The FMCG sector received the highest inflows of ₹11,180 crore after witnessing selling worth ₹4,472 crore last month. … Read more
Nearly 43 lakh new demat accounts were added in February taking the overall tally to 14.80 crore accounts according to estimates by Motilal Oswal. Meanwhile, the average monthly additions were 21 lakh in FY23. Central Depository Services (India) Limited continued its market dominance gaining market share in February 2024 in terms of the total number … Read more
Mumbai: Overseas investors were sellers to the tune of ₹23,441 crore across 10 sectors between February 1 and 15, as per data from National Securities Depository Limited (NSDL) as they shifted money from financials, construction, and power to information technology and healthcare. Financial services witnessed the highest outflows from foreign investors who sold shares worth … Read more
Foreign institutional investors turned net buyers of equities in the week ended February 23, and the strong inflows drove benchmark indices to record highs. Foreign portfolio investors net bought Indian equities worth Rs 4,398 crore last week, according to NSDL data. This is against them selling shares worth over 2,500 crore in the preceding week. … Read more
Mumbai: Financial services stocks remained the top pick of overseas fund managers in the second half of December after witnessing record flows in the first part of the month. The sector received ₹6,277 crore in the period between December 16 and 30, according to the data from National Securities Depository Limited (NSDL). In the December … Read more
Synopsis FPIs’ contribution to the institutional flow at 73% in December increased sharply from 10% a month ago and 34% a year ago reflecting a change in stance. After selling heavily during the first half of 2023, FPIs deployed Rs 66,134 crore in December alone. It was their highest monthly inflow, surpassing the previous high … Read more
