Tag: Foreign Portfolio Investors

Daily Market Update FEB 22

As committed in the Union Budget, the government is planning to privatize Oriental Insurance or United India Insurance since their financial health has shown improvement after capital infusions. The state is also planning to infuse Rs.3,000 crore into general insurance companies. Both the above have shown an improvement in financials and could attract interest from

Daily Market Update FEB 15

The government has committed to infuse Rs.3,000 crore as capital into the state owned general insurers so as to boost their capital buffers. These state owned insurers that will get funding support include National Insurance, Oriental Insurance and United India Assurance. It may be recollected that GIC Re and New India Assurance are already listed

Daily Market Update JAN 11

India’s merchandise exports in the first week of January were up 16.22% on a YOY basis at $6.21 billion as per data from customs. Growth in exports was driven by pharmaceuticals and engineering sectors. During the first week of Jan-21, imports were up marginally by 1.07% at $8.7 billion. Non petroleum imports were up by

Daily Market Update DEC 21

Foreign portfolio investors infused Rs.54,980 crore into Indian markets in the first 3 weeks of Dec-20 as global liquidity continued to remain buoyant. Hopes of the $900 billion US stimulus package also kept the Indian equity markets on the FPI radar. FPIs infused Rs.48,858 crore into equities and Rs.6,122 crore into debt. The positive flows

Daily Market Update – Oct 23rd

Reliance may be getting over-owned by foreign portfolio investors as the FPI holding in Reliance Industries touches a record 27.2% in Sep-20 quarter. Foreign portfolio investors held 165.8 crore shares representing 25.2% of the total shareholding with another 2.05% being held by qualified institutional buyers or QIBs. While the FPI stake in RIL went by

Daily Market News – Aug 10th

  In a major step towards Atma Nirbhar or self-reliant India, the defence minister Rajnath Singh announce the list of 101 defence items in which imports will be banned. Hence, the Indian defence establishment will be required to buy this equipment only from Indian suppliers. This is an opportunity for the defence research laboratories to