Indiang Sec News Today

Indian bonds are losing FII support despite inclusion in two major global indices from June. Is it too early to panic?

Anuj Kapoor of JM Financial discusses the tax efficiency of arbitrage funds for HNIs and the growth of new millionaires in Tier 2 and Tier 3 cities. He highlights the interest in unlisted opportunities, strategic advisory for family businesses, and the impact of market volatility on investments. Kapoor says: "Funds focussed on the manufacturing, defence, PSUs, which have been underperformers over the last decade, have shown strong performance and have delivered stellar returns."

Bloomberg proposes to include India FAR government securities in the Bloomberg EM Local Currency Index, which will ensure flows into the Indian markets. Interest rate cuts may be announced in the US, potentially leading to a fall in the Dollar index. FDI inflows in India have been increasing, reaching $85 billion in FY 2021-2022. The Indian governments pro-growth policies and the China-plus-one doctrine are expected to further boost FDI. Investors should consider adding duration funds to their f...

Indian currency has declined nearly 0.54 per cent so far this year against fall of 11.3 per cent in 2022, biggest after 2013

Markets scale new high, driven by global and domestic factors. But economic growth likely to slow down

Additionally, Foreign Portfolio Investors (FPIs) made a net investment of Rs 14,860 crore in the debt market last month, making it the highest level in six years, data with the depositories showed.

FPIs returned to Indian markets in November, investing Rs 9,000 crore amidst falling US treasury bond yields and resilient domestic market. Additional

Foreign institutional investors bought shares worth Rs 783.82 crore, while domestic institutional investors purchased Rs 1,324.98 crore worth of stocks on November 28, provisional data from the National Stock Exchange showed.

According to the data, overseas investors put a net amount of Rs 12,400 crore into the debt market this month (till November 27). This was the highest inflow since September 2021, when they had poured Rs 12,804 crore.

FPIs have been bullish on Indian debt since the beginning of 2023 and have invested throughout the year, except March, when they had pulled out Rs 2,505 crore, data with the depositories showed.