In just 6 sessions since the Union Budget was proposed, FIIs offloaded Rs 2,937.53 crore worth of shares. Institutional investors play a dominant role in day-to-day market movement in India.
Market analysts attribute the recent inflow to improvement in global sentiment as well as the government's recent announcement on recapitalising state-run banks
Markets, however, managed to close with gains as domestic institutional investors provided buying support.
New Delhi: In a big relief to FIIs, the government today accepted recommendation of a high level panel that minimum alternate tax (MAT) should not be imposed on overseas portfolio investors retrospectively.Finance Minister Arun Jaitley
Mumbai: Logging its biggest rise in over a month, the benchmark BSE Sensex today surged by 506 points to 27,105.39 points on government's move to mollify overseas investors' taxation worries and rupee's recovery. Firm global
Mumbai: Falling for the third-straight day, the benchmark BSE Sensex today tumbled 118 points to end at 6-1/2 months low of 26,599.11 on persistent selling by foreign investors over taxation worries and delay in passage
New Delhi: Referring to the recent capital tax gains demand of Rs.40,000 crore from foreign funds, the government on Tuesday asserted it will not give in to any demand for waiver on tax of previous
New Delhi: Nothing wrong in government demanding Rs 40,000 crore as tax dues from the foreign institutional investors, industry chamber CII today said, stressing that India is not a "tax heaven"."When the government says that
New Delhi: Foreign direct investment (FDI) into India declined by over 6 per cent year-on-year in November 2014 to $1.53 billion.In November 2013, the country had received FDI worth $1.63 billion.However, for the April-November period
New Delhi: With a record-breaking rally for most part of the year, the stock markets have outshined the gold, as also silver, for the third year in a row with much better returns for the
Mumbai: The Reserve Bank on Thursday said FIIs can buy equity shares in private lender Yes Bank as shareholding by foreign investors has gone below the prescribed limit.The RBI has removed Yes Bank from its
New Delhi: Foreign investors today put in bids worth Rs 5,664 crore for government bonds, nearly four times more than debt securities of Rs 1,488 crore put on auction.The auction was held at 'ebidxchange' platform
New Delhi: Overseas investors have poured in a staggering Rs 19,772 crore (USD 3.35 billion) into the Indian debt market in May, the highest monthly inflow in about two and a half years, emboldened by
New Delhi: Overseas investors pumped in nearly Rs 34,000 crore in the Indian market last month on hopes that the new government at the Centre would push reforms and spur economic growth. As per data compiled
New Delhi: Foreign investors have pumped in nearly Rs5,000 crore in the Indian market so far this month on hopes of a stable and reforms-oriented Government after the general elections results next week.Foreign Institutional Investors
New Delhi: Amid hopes of a stable and reform- oriented government after the general elections, foreign investors pumped in Rs 9,600 crore in Indian stocks in April, the eighth consecutive month of inflows.Foreign institutional investors
New Delhi: Amid hopes of a stable and reform oriented government after general elections, net investments by foreign institutional investors into India so far this year has reached USD 10-billion level, while their cumulative total
New Delhi: Investments into Indian shares through participatory notes (P-Notes), a preferred route for HNIs and hedge funds from abroad, surged to the highest level in nearly three years at Rs 2.07 lakh crore (over
Mumbai: The rupee today ended flat today at 59.90 against the dollar after surrendering initial gains on mild dollar selling by exporters.At the Interbank Foreign Exchange (Forex) market, the domestic unit commenced higher at 59.80
Mumbai: The rupee today rose to its highest level in over a month and closed 10 paise up at 61.75 against the dollar following sustained selling of American currency by exporters and some banks, amid
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