FPI flight: Temporary or not, India can’t afford to ignore
Equity FDI inflows are progressively slowing down, private capex remains below par for over a decade
Equity FDI inflows are progressively slowing down, private capex remains below par for over a decade
Foreign portfolio investors have come back with a bang in the current financial year after being net sellers in the previous fiscal.
High-risk FPIs having more than the 50% concentration threshold in a single corporate group will be provided a window of 6 months to bring down such exposure, says SEBI paper.
Ownership of the 42 entities behind the 13 FPIs is not clear to SEBI as it is not within the current rules for FPIs to provide such disclosures
A flurry of macroeconomic data including CPI, WPI, trade exports and imports, and trade deficit numbers will be released this week, which can set tone for Indian equities.
FPI withdrawals hit ₹1.76 lakh crore in less than 10 months as global macros play spoilsport.
9 month calendar year sale is double the outflow seen over 2008, 2011 and 2018
Foreign investors had sold $33.75 billion worth of Indian equities since October 2021.
The drawdown in forex reserves is expected to continue in the September quarter, despite the possibility of lower capital outflows and improvement in current account deficit.
The existing eligible foreign entity route, which required actual exposure to Indian physical commodities, has been discontinued.