$2.7 bn in 14 days! FII buying on Dalal Street longest in 3 years: Nilesh Shah

Posted on:
Key Points

This positive trend is likely due to several factors, including the Reserve Bank of India's decision to pause rate hikes, the March quarter earnings of companies not bringing any big shocks to Dalal Street investors, and the US Federal Reserve's indication of a likely pause in interest rates..

However, experts caution that the Fed's indications of a possible recession could impact FII flowsETMarkets.com..

Foreign institutional investors were net buyers of Indian equities for 14 straight days, the longest in 3 years, market veteran Nilesh Shah said in a tweet...

The consumer inflation print post the RBI policy action triggered hopes that the central bank will remain on a long pause.. Further, the March quarter earnings of companies did not bring any big shocks to Dalal Street investors...

Despite the buying by FIIs in April and so far in May, their net investments in India on a year-to-date (YTD) basis, remains negative, while they remain positive for China, Taiwan, and South Korea, said Mohit Ralhan, Chief Executive Officer, TIW Capital...

You might be interested in

Special limited period FD with higher interest rate: Federal Bank hikes FD interest rates by 77 bps; check

14, Aug, 23

The interest rate on a 13-month term deposit is 7.30% for the general citizens and 8.07% for senior citizens. The increased pricing would only be available for a short time.

With 8% gains YTD, India still underperforming in global bull race; will it catch up?

14, Jul, 23

Thanks to foreign investors' relentless buying, the benchmark Nifty50 and Sensex have risen more than 15% from the March lows and reached new highs. Indian equities also joined the club of the best-performing markets in 2023. However, compared to other emerging and developed market peers, India underperforms.

Billions of FII dollars may chase Indian stocks in election season. Here’s why

12, Mar, 24

Foreign institutional investors (FIIs) have historically shown positive flows during election season. This year, FIIs have already invested $3 billion in March. The Indian stock market remains resilient due to the government's proactiveness and positive economic indicators.

SGX Nifty up 25 points; here's what changed for market while you were sleeping

11, Apr, 23

Foreign portfolio investors (FPIs) continue to remain net buyers Rs 882 crore on Monday. DIIs, on the other hand, bought shares worth Rs 351 crore.

FPIs stay invested in Indian equities; put in Rs 43,800 crore this month

23, Jul, 23

India Business News: NEW DELHI: Indian equity markets continue to draw foreign portfolio investments as foreign investors put in Rs 43,800 crore in July so far on stable m.

From 52-week low to life-time highs: India among top 10 best performing stock markets in the world in 2023

27, Dec, 23

India Business News: Indian stock markets rally in 2023: In early 2023, Indian stock markets started on a tough note, experiencing a notable decline and reaching a 52-week

Nifty@record high: FII buying crosses $10 billion mark in FY24

28, Jun, 23

Foreign institutional investors (FIIs) have invested over $10 billion in the Indian stock market, driving the Nifty to surpass 18,900 points. After being net sellers in the previous two years, FIIs have shown interest in Indian equities since March 2023. In comparison, domestic institutional investors (DIIs) have been selling, with only Rs 1,785 crore in buying. Factors contributing to India's outperformance include strong FII equity flows, increased mutual fund equity flows, rural and capex cycle recovery, and optimism surrounding the Indian Prime Minister's visit to the US. However, the reason behind the rally in midcap and smallcap stocks is uncertain, as they have significantly outperformed largecaps.

Triveni Sangam setting stage to kickstart next phase for India: Nilesh Shah, Kotak AMC

14, Dec, 23

So, investors should be aware that just because India is doing well, it doesn't mean that markets will continue to move only in one direction. As an investor, you must focus on quality, buy good companies run by good managers and those available at a good price. Retail investors have the luxury of taking a longer term view. They don't have to worry about 6-12 months performance or the volatility and so on and so forth.

India's forex reserves decline by $2.79 billion to $616.14 billion

26, Jan, 24

As per the Weekly Statistical Supplement published by the Reserve Bank of India (RBI), Foreign Currency Assets (FCAs) experienced a decline of $2.6 billion, settling at $545.8 billion.

Allow foreign currency transactions in country via RBI: Consultants & service providers urge govt

24, Apr, 23

Rather such domestic deals involving foreign currencies such as the US dollar should be routed through the Reserve Bank of India.