Mirzapur

During February up to the 16th, FPIs divested equity holdings amounting to Rs 6,112 crores through exchanges. However, investments in 'the primary market and others' mitigated the net selling figure for the same period to Rs 3,775 crores. Overall, in the year 2024, FPIs have offloaded holdings worth Rs 29,519 crores.

Their analysis on India highlights the discrepancy between expensive market valuations and the ordinary fundamental performance of companies.

The 10-year US bond yield, which had reached 5 percent on October 19, has started to decline, with a notable drop in the last two days, bringing it down to 4.66 percent as of November 3.

In the short term, the dollar index at 106.3, Brent crude at around $85, and the 10-year US bond yield at 4.75 percent create favorable conditions for the stock markets.

The investment amount however rose 7 per cent compared to the immediate previous quarter which saw $5.7 billion being invested across 181 deals, shows data from Venture Intelligence.“Clearly, Big Ticket Private Equity investors have far more confidence in investing.

According to regulatory filings with the US Security and Exchange Commission (SEC), Invesco valued Swiggy's shares at $3,305 (as of January 31, 2023) -- down from $4,759 in October 2022. In October last year, Invesco had already reduced the valuation of its holding in Swiggy to about $8 billion. Swiggy had reached a $10.7 billion valuation in a round led by Invesco in January last year.

According to the Reserve Bank of India's (RBI) weekly supplementary data, the country's foreign exchange reserves fell by $3 billion to $561.046 billion in the week ending August 26, compared to $564.053 billion in the previous week. This is the fourth straight week when foreign exchange reserves have continued with their declining trend.

However, China is a notable absentee in the list and what is all the more interesting is that it has not been there in the list of main contributors to India's foreign inflows since 2017-18, according to Reserve Bank of India (RBI) data. In the list of country-wise FDI inflows into India in 2021-22, Singapore was the leading contributor with $15.9 billion worth of inflows, followed by the United States at $10.5 billion and Mauritius at $9.4 billion.