Overseas investors News

Continuing their selling spree, overseas investors have taken out over Rs 3,000 crore from equities this month so far amid "lacklustre earnings season" and geopolitical headwinds.

The latest inflow follows net infusion of Rs 1.6 lakh crore in the previous five months (February-June) on several factors. In January, they had pulled out over Rs 3,496 crore.

The auction will be conducted on NSE's e-bid platform from 1530 hours to 1730 hours after the close of market hours today, the exchange said in a circular.

Foreign portfolio investors (FPIs) pared their stake in BSE-200 firms to USD 305 billion during October-December quarter, with heavy selling in technology, consumers and pharmaceuticals sectors, a report said.

After four months of selling frenzy, overseas investors turned net buyers in February and pumped in over Rs 2,300 crore in the capital market over the last three sessions, enthused by clarity on FPI taxation.

London-based energy major Vedanta Resources, which owns a clutch of operating companies in the country today raised USD 1 billion through an 5-year bond sale to overseas investors at a fixed coupon of 6.375 percent.

Leading bourse National Stock Exchange (NSE) will auction investment limits for overseas investors for purchase of government debt securities worth Rs 22,171 crore on November 28.

Leading stock exchange BSE will on Monday auction investment limits for overseas investors for purchase of government debt securities worth over Rs 12,700 crore.

The auction will be conducted on NSE-ebid platform during 1530-1730 hours, after the close of market trading.

With an aim to make it easier for overseas investors, regulator Sebi is considering allowing some categories of Foreign Portfolio Investors (FPIs) to directly trade in Indian markets, starting with debt segment.

Leading bourse National Stock Exchange (NSE) will auction investment limits for overseas investors for purchase of government debt securities worth over Rs 7,000 crore on September 6.

Overseas investors have infused over Rs 12,600 crore into country's equity markets this month, making it highest inflow in four months on rising hopes of passage of the GST Bill in the Rajya Sabha and expectations of better corporate earnings.

 Overseas investors have pumped in close to Rs 16,500 crore (USD 2.5 billion) into Indian capital markets so far in March, after pulling out massive funds in the preceding four months.

Leading bourse BSE will auction investment limits for overseas investors on Monday for the purchase of government debt securities worth Rs 5,035 crore.

Overseas investors are raising their bets on Indian market as they have pumped in Rs 8,000 crore into the domestic equities so far this month on continued hopes that the RBI would bring down the monetary policy rate.

Overseas investors pulled out more than Rs 11,000 crore from the Indian stock markets in January -- the highest net outflow in five months -- on global growth worries and decline in oil prices.

Overseas investors pulled out close to Rs 3,500 crore from the Indian equity markets in the New Year on concerns of renewed worries over the health of Chinese economy and sharp fall in crude oil prices.

Overseas investors have pulled out more than USD 1 billion from the Indian capital markets since the beginning of the month due to lacklustre quarterly earnings and concerns over a possible rate hike by the US Federal Reserve.

The net outflow by Foreign Portfolio Investors (FPIs) come following a net investment of Rs 5,323 crore last month.

Attracted by a growing number of Indian millionaires, foreign banks including Barclays Plc, BNP Paribas SA and Standard Chartered Plc are offering onshore wealth management services in India under the regulatory supervision of local watchdogs.