foreign investors Archives

Foreign investment hits record high with Rs 23,600 crore…

28 September 2024
by admin

NEW DELHI: Foreign Portfolio Investor (FPI) investment in the Indian stock market reached an all-time high this week, with net investments amounting to Rs 23,659.55 crore, according to the National Securities Depository Limited (NSDL) data.
FPIs infused the highest investment of Rs 15, 181 crore on Monday and trend continued throughout the week, with Friday’s net investment reaching Rs 8,537 crore.Additionally, the total FPI investment has crossed Rs, 57,300 crore in September.
“FIIs have invested Rs 57359 crores so far in September with investment through the exchanges alone touching Rs 46480 crores. Total investment by FIIs so far in 2024 now stands at Rs 100245 crores. This has contributed to the stability in INR this year,” said V K Vijayakumar, chief investment strategist at Geojit Financial Services.
Meanwhile, Domestic Institutional Investors (DII) also demonstrated strong investment this week, pumping Rs 15,961.71 crore into Indian stocks.
The lowering of interest rates by the US Fed has led to increased liquidity inflow into Indian markets. The consistent investment by foreign investors underscores the growing confidence in India’s stock markets, with many aiming to benefit from the country’s robust economic growth and favorable market conditions.
Earlier, the net foreign investment in the Indian equity market in August decreased to Rs 7,322 crore, the lowest monthly investment in the past three months while they invested Rs 32,359 crore in July, as per NSDL data.

Science & Environment

When will Sensex hit the 1 lakh mark? Soon!…

26 September 2024
by admin

Having recently surpassed the 85,000 mark, the Sensex is now edging closer to the highly anticipated 1 lakh milestone. (AI image)

The Sensex, India’s primary stock market index, has delivered remarkable returns of 850 times to investors over the past 45 years, compounding wealth at an impressive CAGR of around 16%. To put it in perspective, an investment of Rs 1 lakh made at the inception of the Sensex in April 1979 would now be worth an astounding Rs 8.5 crore.
Having recently surpassed the 85,000 mark, the Sensex is now edging closer to the highly anticipated 1 lakh milestone.According to an ET report, some of the most optimistic bulls on Dalal Street expect this feat to be achieved as early as FY25.
However, if the Sensex maintains its historical average CAGR of 16%, the 1 lakh mark is more likely to be reached around December 2025. To hit this magical level, the Sensex needs to rise another 17.5%.
While retail flows have been significant, they may not be sufficient to propel the Sensex to 1 lakh. The next leg of the rally in blue chips is expected to be driven by banks and foreign investors.
Vaibhav Porwal, co-founder of Dezerv, states, “The current market levels are a reflection of market fundamentals and liquidity flows. Fundamentally, the market should deliver 12-15% returns per annum and therefore we expect 18-24 months for markets to get to these levels. However, there is a strong buying momentum in the market that is fueled by strong liquidity. In such a scenario, markets can overextend. Which means that we may see the 1 lakh number shortly.”
Seshadri Sen of Emkay Global believes that foreign investors, who have largely missed the bus so far, are now willing to overlook elevated valuations and increase their exposure to India. FIIs have invested approximately Rs 92,000 crore in the current calendar year, compared to Rs 1.7 lakh crore (1.2% of Nifty market cap) in CY23, suggesting room for further acceleration.
However, there is also a risk of a decline in FII inflow and a shift of funds to other emerging markets due to their relatively cheaper valuations.
Despite this, Dipan Mehta, Director of Elixir Equities, remains optimistic, stating, “I cannot make out a case for even a 5% or 10% type of correction because whenever there is bad news, there is so much money waiting on the sidelines to buy that it quickly absorbs any correction. Despite the flow of IPOs and QIPs and management selling, the money flow is just too strong.”
Last month, mutual funds were found to be holding a cash pile of Rs 1.86 lakh crore. Mehta further adds, “Portfolio managers also have got a lot of cash to invest and then there are retail investors, small ones from all over the country, wanting to invest in equities. So it is like a waterfall of investors and a huge gush of liquidity coming in.”

Science & Environment

Foreign investors infuse Rs 15,420 crore in Indian markets…

20 July 2024
by admin

NEW DELHI: The foreign portfolio investors have infused Rs 15,420 crore so far this week in the Indian equity market, according to the data by National Securities Depository.
The net investment by the foreign portfolio investors (FPI) surged to Rs 30,772 crore so far in July indicating the good buying by the foreign investors in the Indian markets.
The foreign investors have so far bought equities worth of Rs 1,30,138 crore this year.
“FPI flows are expected to remain volatile, this week the markets were strong, led by strong earnings and commentary from the large-cap. This week the markets of India, Brazil, Indonesia, Malaysia, Philippines, and South Korea witnessed inflows, while the markets of Taiwan, Thailand and Vietnam witnessed outflows” said Shrikant Chouhan, Head of Equity Research, Kotak Securities.
Internationally the foreign investors this week have injected around $ 585 million in Brazil, $ 300 million in Indonesia, $ 324 million in Malaysia and $ 2085 million in South Korea. While Taiwan witnessed an outflow of $ 5325 mn, Vietnam witnessed a selling of $ 278 million of foreign investment this week.
According to market experts, foreign investors are investing in Indian markets amid a weakening in dollar and bond yields, and if this trend continues foreign investment will continue.
“During the fortnight ending 15th July FPIs were buyers in autos, capital goods, healthcare, IT, telecom, and oil and gas. A notable trend was the lack of buying in financial services, which partly explains the poor performance of financial services in July so far. If the recent trend of weakness in dollar and bond yields persists, FPIs are likely to continue their buying in the market,” said V K Vijayakumar, Chief Investment Strategist, at Geojit Financial Services.
Foreign Institutional investors were sellers in January, April, and May, cumulatively selling equities worth around Rs 60,000 crores. However, they were buyers in February, March, and June, with cumulative purchases amounting to Rs 63,200 crores.

Science & Environment

Market Cap of BSE Companies Hits $5 Trillion for…

21 May 2024
by admin

The market capitalisation of the top-10 companies currently stands at a little above $1 trillion or Rs 90.54 lakh crore.

All-India market capitalisation, including 5,391 listed companies, stands at $5 trillion or Rs 414.7 lakh crore, which is about $633 billion higher than that at the start of the year

Despite the markets witnessing volatility amid the ongoing Lok Sabha elections, the combined market value (market capitalization or mcap) of BSE-listed companies on May 21 hit the historic $5-trillion mark for the first time ever. Moreover, the top-10 listed companies also achieved a combined market cap of over $1 trillion.

This comes despite the BSE benchmark index remaining nearly 1.7 per cent below its all-time high.

According to the latest data available on the BSE’s website on May 21, the all-India market capitalisation, including 5,391 listed companies, stood at $5 trillion or Rs 414.7 lakh crore. This is about $633 billion higher than that at the start of the year.

According to the latest BSE data, the market capitalisation of the top-10 companies currently stands at a little above $1 trillion or Rs 90.54 lakh crore.

Company-wise, Reliance Industries Ltd (RIL) topped the companies in market capitalisation with Rs 19.42 lakh crore, followed by Tata Consultancy Services (TCS) with Rs 13.82 lakh crore, HFCD Bank (Rs 11.08 lakh crore), ICICI Bank (Rs 7.88 lakh crore), and Bharti Airtel (Rs 7.62 lakh crore).

State Bank of India (SBI) comes sixth with Rs 7.41 lakh crore, followed by LIC (Rs 6.46 lakh crore), Infosys (Rs 5.95 lakh crore), ITC (Rs 5.43 lakh crore), and Hindustan Unilever (Rs 5.42 lakh crore).

According to Moneycontrol, BSE’s total market capitalisation had hit $4 trillion in November 2023, and has now soared past $5 trillion in just six months. BSE-listed firms reached the market cap of $1 trillion back in May 2007, doubling in over a decade to $2 trillion in July 2017, and then reaching the $3 trillion mark in May 2021.

Currently, only four stock markets world over are in the $5-trillion-plus club, namely, USA, China, Japan and Hong Kong. The US leads with a market cap of almost $55.65 trillion, followed by China ($9.4 trillion), Japan ($6.42 trillion), and Hong Kong ($5.47 trillion).

Indian Stock Market Today

The BSE Sensex on Tuesday declined by nearly 53 points in a volatile trade amid weak trends from Asian and European markets and fresh foreign fund outflows. The 30-share Sensex declined 52.63 points or 0.07 per cent to settle at 73,953.31 as 18 of its constituents declined while 12 ended with gains. The index gyrated around 426 between a high of 74,189.19 and a low of 73,762.37 in day trade.

The broader Nifty of NSE, however, closed higher by 27.05 points or 0.12 per cent to 22,529.05, driven by gains in metal shares. As many as 27 Nifty shares declined while 23 closed with gains.

Among the Sensex components, Nestle, Maruti, IndusInd Bank, ICICI Bank, Hindustan Unilever, Larsen & Toubro, Tata Consultancy Services, Infosys, HDFC Bank and Axis Bank were the major laggards. Tata Steel, JSW Steel, Power Grid, Tech Mahindra and State Bank of India were among the gainers.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 92.95 crore on Saturday, according to exchange data. Global oil benchmark Brent crude declined 0.55 per cent to USD 83.25 a barrel.

Mohammad Haris

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to markets, economy and companies. Having a decade of experi…Read More

Tag: <span>foreign investors</span>

Foreign investment hits record high with Rs 23,600 crore…

When will Sensex hit the 1 lakh mark? Soon!…

Foreign investors infuse Rs 15,420 crore in Indian markets…

Market Cap of BSE Companies Hits $5 Trillion for…

All-India market capitalisation, including 5,391 listed companies, stands at $5 trillion or Rs 414.7 lakh crore, which is about $633 billion higher than that at the start of the year