Under the current rules, a Foreign Portfolio Investor(FPI) who is based out of overseas jurisdictions like Singapore, can shift base to IFSC and avail various tax sops available to the investors based out of IFSC.
Updated Apr 13, 2021 | 08:42 IST
The Nifty declined over 500 points to post the worst day since 26 February 2021 and closed near 14300. The Nifty Bank declined 5 percent to post the worst day since 23 March 2020. Trade setup for Indian markets
Key Highlights
Nifty Bank corrects 19% from life high, nears bear market territory
Nifty Small & Midcap testing 50-DMA support
Mumbai: The Nifty declined over 500 points to post the worst day since 26 February 2021 and closed near 14300. It tested the 100-day moving average for the first time since 19 June 2020 and closed below the rising trend line connecting the low of March & September of last year. India VIX gained over 15 percent & recorded the best day since 26 February this year.
Updated Apr 12, 2021 | 08:48 IST
The Nifty declined 3 out of last 4 weeks as banking & financial stocks declined. The 50-stock index had an almost identical open and close during last week. Trade setup for Indian markets
Key Highlights
Nifty Bank underperformed the most since week of 24 May 2020
Nifty Small & Midcap outperformed the most since week of 28 Feb 2021
Mumbai: The Nifty declined 3 out of last 4 weeks as banking & financial stocks declined. The 50-stock index had an almost identical open and close during last week.
Nifty Bank declined 3 out of last 4 weeks & posted the worst week since 27 September 2020 with the banking index underperforming by the biggest weekly margin since 24 May 2020.
FPIs net buyers for third straight month, pour in Rs 17,304 crore in March
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Last Updated: Apr 04, 2021, 03:15 PM IST
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Synopsis
According to depositories data, FPIs invested Rs 10,482 crore into equities and Rs 6,822 crore in the debt segment during March 1-31.
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NEW DELHI: Continuing the buying spree for the third consecutive month, foreign portfolio investors (FPIs) have invested Rs 17,304 crore in Indian markets so far in March.
According to depositories data, FPIs invested Rs 10,482 crore into equities and Rs 6,822 crore in the debt segment during March 1-31.
The total net investment stood at Rs 17,304 crore during the period under review.
The Nifty recovered more than 150 points from the day’s low but managed to decline 2nd day in a row. The 50-stock index declined with identical open and high levels.