FPI holding in NSE-listed companies reaches 5-year high in Q3
In terms of value, FPIs ownership reached an all-time high of Rs 41.83 lakh crore as of December 2020
PTI | February 8, 2021 | Updated 19:26 IST
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FPIs ownership in NSE-listed companies reached a five-year high of 22.74 percent in December 2020 on the back of huge net inflow of Rs 1.42 lakh crore by such investors in the third quarter. In comparison, the holding of foreign portfolio investors (FPIs) was at 21.51 percent in the quarter ending September 2020, according to primeinfobase.com, an initiative of Prime Database Group.
In terms of value, FPIs ownership reached an all-time high of Rs 41.83 lakh crore as of December 2020, up 29 percent from Rs 32.47 lakh crore in the preceding quarter, on account of rally in equity markets. FPIs are the largest non-promoter shareholders in the Indian market and their investment decisions have a huge bearing on the stock prices and overall direction of mar
Norway s Petroleum Safety Authority has given Equinor consent to drill exploration well 7322/6-1 S in production licence PL 722 the Barents Sea. The well will be drilled to test a prospect named Shenzhou.
Q: I had my first COVID-19 vaccine shot recently. It was the Moderna vaccine brand. I m trying to schedule my second dose vaccine through Novant Health s MyChart app. MyChart wants to schedule the Pfizer vaccine for the second dose and not the Moderna. I want to make sure that I will get the Moderna vaccine when I go for my scheduled appointment.
â D.B.
Answer: A Novant spokesperson said, âIt does not sound like they had it at Novant Health. While Novant Health does offer both the Pfizer and Moderna vaccine based on supply, each patient must be vaccinated with the same product for their second dose. Patients who schedule their first COVID-19 vaccine appointment through MyChart will be scheduled for their second dose with the same vaccine. If this person did receive the vaccine from somewhere else, we would encourage them to get their second dose at that same location.â
: Saturday, February 6, 2021, 4:06 PM IST
Budget 2021: Increasing FDI in insurance is a move to privatise LIC after the IPO, says former Bank Union General Secretary
Former general secretary of AIBCO Thomas Franco.
While the industry praised the government for going strong on disinvestment and privatisation plans, there are some voices against this plan. One such voice is of Thomas Franco who is a former General Secretary of All India Bank Officersâ Confederation.
During the budget 2021, the finance minister proposed to increase the FDI limit in Insurance from 49 per cent to 74 per cent and allow foreign ownership. Questioning the intent of the government in a blog of the