Political stability, fiscal discipline and gradual monetary easing set the stage for bonds to attract flows from global investors
US retail inflation is likely to cool down faster than expected as labour market is back in balance and excess savings have been exhausted
IT shares are getting significant share of passive inflows, which explains the recent upmove in the pack, as also the fact that the sector is getting a reallocation of capital towards safety, he added.
First fortnight data of June month shows FIIs bought stocks from real estate, telecom and financial services sectors but sold IT, metals and oil and gas.
So far in 2024, FPIs were net sellers at $3.39 billion – with only March seeing a net buy figure. With election-related uncertainty behind us, any major selling by FPIs is unlikely, say experts.
In FY24, Indian equities saw a total foreign inflow of Rs 2.08 lakh crore. Capital goods received the largest share at around Rs 46,935 crore, followed by consumer services, auto, and financial services with inflows worth Rs 32,186 crore, Rs 29,862 crore, and Rs 28,793 crore, respectively
DIIs are betting heavily on BFSI, auto and auto ancillary, along with sectors related to economic recovery, said analysts.
Kotak identified new challenges for the Indian market in its latest note, including the prolonged global interest rate increase, the risk of rising global oil prices affecting profitability gains, and government limitations
The near term looks a bit clouded due to narrowing yield spreads, FII selling and relatively high valuations. Here’s how investors can deal with the inevitable short-term volatility
With pressure on Chinese equities, foreign investors are shifting investments towards India, analysts said. They have put in $1.11 billion in Indian equities in August, so far
Even as 2022 was a bad year for investors, FII sentiment seems to have turned slightly better due to relatively cheap valuations and strong growth prospects. Although the hangover of war escalating remains, heightened tensions globally could still put a dampener on investor sentiment overseas with FIIs rushing to safety.
The single biggest lesson from two decades of FII investment data may not be a new one, but bolsters a key message retail investors keep hearing
For now, the parties seem unending for the bulls as Diwali’s hesitant up-moves have morphed into a fully grown bull market that seems to be heading for a euphoric budget till February 2021. However, signs of froth are amply visible in some parts of the market.
Portfolio re-balancing should normally be an ongoing process, a function on one’s target portfolio and asset allocation.
In March, not only India but also other emerging markets received good inflow of foreign money, the main catalyst for strong risk-on trade.
Smooth implementation of GST, resolution of banking system stress and revival of investment cycle are the key things investors are looking forward to being addressed.
The market is consolidating in a narrow range near its crucial support level, which still warrants some caution as a breakdown could take the index towards even lower levels from here.
Speaking to CNBC-TV18, Krishna Kumar Karwa, MD and CEO at Emkay Global Financial Services, said pharma and IT could give relatively better returns in 12-18 months.
Speaking to CNBC-TV18, Hemant Kanawala of Kotak Mahindra Old Mutual Life, said that the Mukesh Ambani-led Reliance Jio would remain aggressive till it achieves its targeted market share.
India has been able to successfully dodge itself from the global disruption led by negative rates in advanced economies, he says. EMs would look forward to a Federal Reserve rate hike in December.
As Sebi readies to tighten its rules for controversy-ridden P-Notes, major foreign investors including JPMorgan, HSBC, UBS and Goldman Sachs have supported the proposed provisions for immediate reporting of any breach to the regulator and filing of suspicious transaction reports.
The FIIs inflows so far they have been good, and if they continue to be good then one need not worry for the market, feels Dipan Mehta.
According to Udayan Mukherjee domestic flows are the single most thing that have supported the market.
Tirthankar Patnaik, India Strategist, Mizuho Bank says if the market corrects to 8200, then it becomes a screaming buy, despite all the negatives.
Sudarshan Sukhani of s2analytics.com is not worried about the market correction, says he would wait patiently for the market itself to give a direction going forward. He says, this is a bull market and we will have deep corrections o nthe way.