• About Us
  • Contact us
  • Privacy Policy
  • Terms and conditions
JK Active
  • J&K Elections 2024
  • J&K Govt Orders
  • Jammu
  • Kashmir
  • National
  • Entertainment
  • Health
  • Travel
No Result
View All Result
  • J&K Elections 2024
  • J&K Govt Orders
  • Jammu
  • Kashmir
  • National
  • Entertainment
  • Health
  • Travel
No Result
View All Result
JK Active
No Result
View All Result
Home National

FPIs Withdraw ₹44,396 Crore from Equities in January Due to Weak Earnings Outlook and Strengthening Dollar

Radhika Gupta by Radhika Gupta
January 19, 2025
in National
0
FPIs Withdraw ₹44,396 Crore from Equities in January Due to Weak Earnings Outlook and Strengthening Dollar
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

NEW DELHI, Jan 19: Foreign investors have withdrawn Rs 44,396 crore from Indian equities this month, influenced by the strengthening dollar, increasing bond yields in the US, and predictions of a lackluster earnings season.

This follows an investment of Rs 15,446 crore in December, according to data from the depositories.

The change in sentiment occurs amid both global and domestic challenges.

“The ongoing depreciation of the Indian rupee is putting considerable strain on foreign investors, prompting them to withdraw funds from the Indian equity markets,” stated Himanshu Srivastava, Associate Director – Manager Research at Morningstar Investment Advisers India.

Moreover, the elevated valuations of Indian equities, despite recent declines, coupled with expectations of a weak earnings season and uncertainty surrounding economic growth, are making investors cautious, he added.

Data indicates that Foreign Portfolio Investors (FPIs) have divested shares worth Rs 44,396 crore from Indian equities so far this month (up to January 17).

FPIs have been net sellers on every day this month except January 2.

“The key factors behind the persistent selling by FPIs are the dollar’s strength and rising bond yields in the US. With the dollar index surpassing 109 and the 10-year US bond yield exceeding 4.6 percent, it is understandable for FPIs to sell off in emerging markets, particularly in the more expensive emerging market of India,” explained V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Given that US bond yields are appealing, FPIs have also sold off in the debt market, withdrawing Rs 4,848 crore from the debt general limit and Rs 6,176 crore through the debt voluntary retention route.

Vipul Bhowar, Senior Director – Listed Investments at Waterfield Advisors, mentioned that a cyclical rebound in corporate earnings, along with robust GDP growth driven by resilient domestic consumption and heightened government spending on infrastructure projects, could lead to a potential resurgence in FPI inflows into India.

The overall trend reflects a cautious stance from foreign investors, who have significantly reduced their investments in Indian equities in 2024, with net inflows of merely Rs 427 crore.

This sharply contrasts with the remarkable net inflows of Rs 1.71 lakh crore in 2023, fueled by optimism regarding India’s strong economic fundamentals. In comparison, 2022 faced a net outflow of Rs 1.21 lakh crore due to aggressive rate hikes by global central banks. (PTI)

Related Posts

CS Urges Tourism Department to Develop Comprehensive Homestay Policy Within One Month
National

CS Urges Tourism Department to Develop Comprehensive Homestay Policy Within One Month

March 6, 2025
Reclaim Not Just PoJK, but Also Jammu & Kashmir’s Territories Under Chinese Occupation: Omar Abdullah
National

Reclaim Not Just PoJK, but Also Jammu & Kashmir’s Territories Under Chinese Occupation: Omar Abdullah

March 6, 2025
51 JKAS Officers Elevated to Selection Grade
National

Two Officers Elevated to Special Scale of JKAS

March 6, 2025
Creating a Society Free from Judgments Based on Religion and Caste: Nitin Gadkari
National

Creating a Society Free from Judgments Based on Religion and Caste: Nitin Gadkari

March 6, 2025
Sensex Climbs 610 Points to Reclaim 74,000 Driven by RIL Purchases and Global Equity Gains
National

Sensex Climbs 610 Points to Reclaim 74,000 Driven by RIL Purchases and Global Equity Gains

March 6, 2025
France Offers Military Intelligence Support to Ukraine
National

France Offers Military Intelligence Support to Ukraine

March 6, 2025

Top StoriesTrending

IAF Fighter Jet Crashes in Haryana; Pilot Ejects Safely, According to Police

IAF Fighter Jet Crashes in Haryana; Pilot Ejects Safely, According to Police

March 7, 2025
Congress to Pursue “All Democratic Means” Against Waqf Bill, Collaborate with INDIA Allies: Ramesh

Congress to Pursue “All Democratic Means” Against Waqf Bill, Collaborate with INDIA Allies: Ramesh

March 7, 2025
Congress: PM-HM Duo ‘Severely Compromised’ EC’s Independence

Ramesh: PM Modi Focused on Praise, Not Tariffs; Needs to Defy US Threats.

March 7, 2025
Kashmir Schools Resume Sessions After a Three-Month Winter Break

Kashmir Schools Resume Sessions After a Three-Month Winter Break

March 7, 2025
LoP Sunil Sharma Raises Alarm Over “Pro-Pakistan” Comments in Assembly, Calls for Action

LoP Sunil Sharma Raises Alarm Over “Pro-Pakistan” Comments in Assembly, Calls for Action

March 7, 2025
Driver Killed, Helper Injured in Head-On Collision of Two Trucks Inside Navyug Tunnel

Driver Killed, Helper Injured in Head-On Collision of Two Trucks Inside Navyug Tunnel

March 7, 2025
Indian Youth Set to Lead Innovation and Research on the Global Stage: Om Birla

Indian Youth Set to Lead Innovation and Research on the Global Stage: Om Birla

March 7, 2025
Mohanlal Sons Unveils 15% Discount on All Apparel

Mohanlal Sons Unveils 15% Discount on All Apparel

March 7, 2025
Maharaja Whiteline Introduces New Air Cooler Range in Jammu with 0% Financing Option

Maharaja Whiteline Introduces New Air Cooler Range in Jammu with 0% Financing Option

March 7, 2025
GPUs Offered for Rs 67/hour on IndiaAI Compute Portal: IT Minister Ashwini Vaishnaw

GPUs Offered for Rs 67/hour on IndiaAI Compute Portal: IT Minister Ashwini Vaishnaw

March 7, 2025
  • जम्मू आर्मी बेस पर बाहर से हमला, सेना का एक जवान घायल

    जम्मू आर्मी बेस पर बाहर से हमला, सेना का एक जवान घायल

    0 shares
    Share 0 Tweet 0
  • अगर संपर्क किया जाता तो महबूबा मुफ्ती जमात-ए-इस्लामी को सीटें देने पर विचार करतीं: वहीद पर्रा

    0 shares
    Share 0 Tweet 0
  • सीईओ जेएंडके ने एमसीएमसी, कंट्रोल रूम, काउंटिंग सेंटर, स्ट्रांग रूम का निरीक्षण किया

    0 shares
    Share 0 Tweet 0
  • जम्मू-कश्मीर मेडिकल काउंसिल ने सरकारी मेडिकल कॉलेज के एक प्रोफेसर का पंजीकरण रद्द कर दिया

    0 shares
    Share 0 Tweet 0
  • वैष्णो देवी भवन में हेलीपैड के पास भूस्खलन के कारण 2 वैष्णो देवी तीर्थयात्रियों की मौत हो गई

    0 shares
    Share 0 Tweet 0
  • कांग्रेस आज जारी करेगी उम्मीदवारों की सूची: भल्ला, लाल सिंह, शाहनवाज, नीरज शामिल

    0 shares
    Share 0 Tweet 0
  • रैना, विभोध, राजा, अली समेत 6 BJP उम्मीदवार चौथी सूची में शामिल

    0 shares
    Share 0 Tweet 0
  • Devender Rana’s Claims on Omar Abdullah’s Intentions in 2014

    0 shares
    Share 0 Tweet 0
  •  Lumberdar Under suspension in Herman Shopian

    0 shares
    Share 0 Tweet 0
  • 3 दिन की कैलाश यात्रा Bhaderwah में संपन्न

    0 shares
    Share 0 Tweet 0

Categories

  • Entertainment
  • J&K Elections 2024
  • J&K Govt Orders
  • Jammu
  • Kashmir
  • National
  • Political
  • Travel
  • Uncategorized
  • J&K Elections 2024
  • J&K Govt Orders
  • Jammu
  • Kashmir
  • National
  • Entertainment
  • Health
  • Travel

© 2024 JK Active - by Buzzbee360.

No Result
View All Result
  • J&K Elections 2024
  • J&K Govt Orders
  • Jammu
  • Kashmir
  • National
  • Entertainment
  • Health
  • Travel

© 2024 JK Active - by Buzzbee360.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.