MUMBAI (Reuters) -The Indian rupee is likely to open higher on Thursday, supported by the strength in Asian peers, with investors shying away from the dollar due to U.S. fiscal concerns. The 1-month non-deliverable forward indicated a open in the 85.55 to 85.58 range, versus 85.6375 in the previous session. The offshore Chinese yuan rose…
The Indian stock market has delivered an impressive performance over the past month. Between April 7th and May 6th, the broader market posted a robust 9% gain on a closing basis, with an intraday swing from low to high reaching as much as 14%. This sharp rally was catalysed by a global market surge following…
Mumbai: The Reserve Bank of India (RBI) on Thursday allowed foreign investors greater freedom to buy Indian corporate bonds, giving them a chance to purchase more short-term paper. The central bank removed short-term investment and concentration limits from its rules governing foreign investments in corporate bonds. This, it said, will provide greater ease of investment…
Mumbai: The Centre does not intend to alter its foreign direct investment (FDI) strategy in the space sector, said Pawan Goenka, chairman of the Department of Space-affiliated regulatory body for the space industry, Indian National Space Promotion and Authorization Centre (In-Space), on Monday. Based on the Union government’s amended space FDI policy from February last…
(Bloomberg) — Despite the market recovery of the past week, foreign investors “remain on a buyers’ strike on US assets,” according to Deutsche Bank AG. To gain an almost “real-time” window into how overseas investors have been behaving in recent weeks, Deutsche Bank’s head of FX strategy, George Saravelos, looked at the flows into a…
Mumbai (Maharashtra) [India], April 19 (ANI): Despite a shorter trading week due to holidays, foreign investors poured in around ₹8,500 crore into Indian equities, according to data from the National Securities Depository Limited (NSDL). The Indian stock markets saw positive foreign portfolio investment (FPI) inflows during the week, even though trading happened only on three…
Global investors are selling U.S. stocks en masse, reallocating money elsewhere as Washington amps up volatility with tariffs. European investors had removed a net $2.374 billion from U.S. equity exchange-traded funds in March as of Tuesday’s close, after pulling out about one-sixth that amount in February. New money was instead put into local European equity…
On Thursday, stock market bulls kept India’s benchmark indexes up for a second straight day following 10 straight sessions of battering. Foreign portfolio investors (FPIs) closed some of their short index futures positions the past two sessions, driving up the market. While the Nifty 50 gained 0.93% to end Thursday at 22,544.70 points, options data…
The noise around so-called heavy selling by foreign investors in India masks a key distinction: there are no signs of a large-scale exodus. Yet, they are also willing to exit at lower levels, amplifying the bearish sentiment. Foreign portfolio investors (FPIs) have net sold shares worth $21 billion over four months through January end, shows…
(Bloomberg) — Foreign investors are selling Chile’s local government debt, pushing their holdings to the lowest in seven years amid poor liquidity and low interest rates. Non-resident holdings of bonds issued in the local market fell to $6.6 billion at the end of 2024, from about $10 billion three years earlier, reaching the lowest since…
