FII, DII data- FPIs sold shares worth Rs 1500 Cr, DIIs added shares worth Rs 313 Cr on October 27, Friday
时间:2024-06-25 14:45:13 阅读(143)
Foreign institutional investors (FII) offloaded shares worth net Rs 1,500.13 crore, while domestic institutional investors (DII) added shares worth net Rs 313.69 crore on October 27, 2023, according to the provisional data available on the NSE.
“FPI selling continues unabated. FPIs were sellers in sectors like financials, power, FMCG and IT. The primary reason for the sustained selling is the sharp spike in US bond yields which took the 10-year yield to a 17-year high of 5%. The yield has now declined to 4.84%. With such high bond yields it is rational for FPIs to take out some money. The Israel-Hamas conflict in West Asia and the uncertainty surrounding the conflict has added to negative sentiments in the market. An important feature of FPI investment is the increasing inflows into the debt market,” said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
For the month till October 27, 2023, FIIs sold shares worth net Rs 26,598.73 crore while DIIs bought shares worth net Rs 23,437.14 crore. In the month of September, FIIs offloaded shares worth net Rs 26,692.16 crore while DIIs added equities worth a net Rs 20,312.65 crore.
“FII flows are likely to stay volatile in emerging markets, including India, due to weak global factors. Renewed uptick in US bond yields has led to risk-off sentiment amongst the investors who are deploying funds in safe haven assets. The west Asia conflict and a mixed Q2 earnings so far has made investors jittery about the near term prospects of domestic markets, leading to sell offs. Once the valuations start becoming attractive and volatility reduces, foreign inflows could make a comeback,” said Shrikant Chouhan, Head of Research (Retail), Kotak Securities.
Previously on Friday, the NSE Nifty 50 soared 190 points or 1.01% to settle at 19,047.25, while the BSE Sensex climbed 634.65 points or 1.01% to 63,782.80.
Foreign institutional investors (FII) or Foreign portfolio investors (FPI) are those who invest in the financial assets of a country while not being part of it. On the other hand, domestic institutional investors (DII), as the name suggests, invest in the country they’re living in. Political and economic trends impact the investment decisions of both FIIs and DIIs. Additionally, both types of investors – foreign institutional investors (FIIs) and domestic institutional investors (DIIs) – can impact the economy’s net investment flows.
上一篇:Sebi diktat on AIFs may hit Cayman, UAE flows
下一篇:Women-led development, by India’s women-led enterprises – a key piece of $5 trillion goal
猜你喜欢
- US stock market- Wall Street ends sharply higher after choppy session; Tesla, Nvidia lead gains
- Sebi seeks 10% FPI trades in corporate bonds via RFQ platform
- SEA urges govt to hike refined palm oil import duty to 20pc to save local refiners
- Uttar Pradesh among top three states for MSMEs with 9% national share- CBRE-CREDAI report
- Sebi pegs dues worth Rs 67,228 crore as ‘difficult to recover’
- SEBI bans Shankar Sharma, others from offloading Brightcom Group shares; stock extends losses, falls 5%
- Union Budget 2022- Sensex to reclaim 60000, Nifty 18000; Sanjiv Bhasin says ‘buy’ HCL Tech, Axis Bank on Feb 1
- US Stocks- Wall St heads for mixed open as rate worries linger
- Sebi penalises Bharti Infratel for flouting regulatory norms