Skip to main content

FII FLOWS OF CAPITAL ON INDIAN STOCKS MARKET

By

New Delhi:  Overseas investors infused Rs 876 crore into Indian equity markets in the first week of May on hopes the government may review the General Anti Avoidance Rule (GAAR) provisions in coming days to address most of the concerns of FIIs, say experts.
Foreign institutional investors (FIIs) had pulled out over Rs 1,100 crore from equity markets last month due to fears that proposed GAAR provisions could lead to heavy tax burden for investors putting money through tax-friendly places like Mauritius.
During the current month, foreign fund houses poured in Rs 876.10 crore in the stock market and Rs 748.10 crore in the debt market Reuters
FIIs made gross purchase of equities worth Rs 6,716.50 crore and sold shares valued Rs 5,840.40 crore translating into a net inflow of Rs 876.10 crore during May 2-4, according
to the data available with the market regulator Sebi.
Market experts said there is widespread expectations that government may review GAAR (General Anti Avoidance Rule) provisions in the coming days. The revision expected to
address most of the concerns of the FIIs. However, last month FIIs pulled out Rs 1,109 crore after investing a hefty sum of Rs 43,951 crore the first three months of 2012.
This was the first instance of monthly net outflows by FIIs since November 2011. Last month’s withdrawal was attributed by marketmen to a host of factors including government’s GAAR proposal announced in the Budget which has been the real dampener for several FIIs whose clients had used participatory-notes to invest in the Indian stock market.
The sentiment was further soured by ratings agency S&P’s move to lower India’s outlook to negative from stable, citing slow progress on its fiscal situation and deteriorating economic situation, experts added.
During the current month, foreign fund houses poured in Rs 876.10 crore in the stock market and Rs 748.10 crore in the debt market, taking the collective net inflow by FIIs in
stocks and bonds to 1624.20 crore. The BSE barometer Sensex has fallen 320.11 points, or
1.87 percent on the last trading session to close at 16,831.08 points. With the latest inflows, FIIs investment reached to Rs 43,717.70 crore into the equity market so far this year and Rs 16,358.60 crore into the debt market during the same period.  FII pulled out over Rs 2,700 crore from the equity market in 2011 calender year.
PTI
EmailShare
Share

Comments

Post a Comment

Popular posts from this blog

Get Live Charts Nifty Signal Using Buy Sell Signal Software

By
BEAR MARKET PREVAILS,NIFTY GIVES WAY Policy paralysis seems to be eating away the growth cycle recently picked up due to the sincere   efforts on the part of the govt coupled with well timed action by RBI which deemed fit to slash repo and CRR.   The depth in the market is deepening with every trading session .   Premiums in both NIFTY FUTURE and NIFTY OPTION are fast disappearing with discounts sneaking into it vigorously.   The NIFTY sunk below 5600 for the first time since November 23, 2012.   That was the first time that the Nifty actually flirted with the 200 day moving average (DMA).   Now it’s a big question that “is the NIFTY and midcap index which has outsmarted NIFTY in falling fast, replicating the trading pattern similar to 2008.   THE 200 DMA—KEY SUPPORT If one peeps into the recent past, one can get to know that the Nifty has not gone below 200 DMA on a closing basis.   In 2008, also the similar trend where midcaps ...
Post a Comment
Read more

You must win the BATTLE WITHIN YOURSELF first, before you can win in the markets.

By
You must win the BATTLE WITHIN YOURSELF first, before you can win in the markets. This is the primary lesson that you will learn in you trading career. Initially when a intraday trader enters the markets he is bombarded with so many emotional turbulence. Some times he will struggle for the best intraday trading software . Other times he will struggle to take all the trades. Some times he will start doing positional trading since he feels all the big moves are in positional trades. sometimes he will totally avoid the positional trades and do intraday. sometimes he will do only intraday thinking that he needs to sleep peacefully and not get affected by news. In intraday sometimes he will do on medium time frame where he will be hit with big stops and sometimes will do scalping so that that loses are small but then he realizes that the gains are not big enough.This struggle forms major emotional character of any starting intraday trader. Once you get into that mindset that what are you...
Post a Comment
Read more

NIFTY AND STOCKS RESEARCH

By
Indian indices ended marginally higher at 5347.90, up by 27.50 points or 0.52%, market opened on the cautious note following the warnings from Fitch for a possible downgrade of India's credit rating and lack of positive cues from Asian peers. However, Market gained momentum in late trading hours after value buying in index heavy weights. Nifty has formed a big Bullish candle on daily charts closing almost at the high of the day, index holding its supporting trend line indicating that short term uptrend is still intact and Nifty finds buying support at lower levels. However, Nifty closed at tab below it major resistance zone of 5,360‐5,380. In the coming session, sustaining above the 5,380 mark will see follow up buying towards 5420‐5460. Failure to make headway above 5,360‐5,380 will see the index react lower towards the support placed around 5300. Trading strategy would be to Sell if market resist at 5,390 and Buy if support at 5,330. First resistance for the Nifty is 5,...
Post a Comment
Read more