Against a cumulative net bullish position of 81,357 contracts at the beginning of the month, FPIs held a cumulative bearish 108,883 contracts as of 25 January. FPIs have also sold cash shares of ₹24,734 crore so far this month, after net buying shares worth ₹1.7 trillion in calendar year 2023.
These bearish bets are being seen as hedges against anticipated volatility following the two events mentioned above. "Any cue by the Fed on future rate cuts, and the FM’s statements on the slowdown in consumer expenditure and fiscal glide path, will be closely watched," said Rohit Srivastava, founder, IndiaCharts.
Chandan Taparia, senior vice-president, Motilal Oswal Financial Services, said: "Both the Fed’s stance and the fiscal deficit back home are risks to markets as FPIs’ actions will be based on how these events pan out."
هذه القصة مأخوذة من طبعة January 29, 2024 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة January 29, 2024 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
PAN 2.0 must aim to end fraud via impersonation
It's welcome that tax authorities are simplifying processes for holders of permanent account numbers. The tech overhaul should also ensure sufficient checks to minimize PAN-theft fraud
Capturing the vintage romance of Havana
The photographs focus on the resilience of Cubans—of keeping music, dance, and laughter alive in the face of various challenges
A treasure trove of recipes from Jahangir's royal kitchen
Food historian Salma Yusuf Husain has translated a 17th century Persian manuscript with 120 rare recipes
Eye contact at meetings must get the attention it needs
Remote work is here to stay but virtual meeting platforms have not addressed their key point of inferiority
Economic advice for Trump and Powell: First, do no harm
Policy moves should help sustain business dynamism in America
Internal audit: AI will transform it by staying vigilant in real time
Embracing tools of artificial intelligence will enable IA to play a vastly enhanced role in delivering value to organizations
We should fix the business of opinion polling in India
Pollsters need self-regulatory mechanisms that can set standards and ensure transparency
Resolving disputes over public procurement: Let's aim higher
It has been a pivotal year for reforms but India needs more to vie for leadership in dispute resolution
Are multi-asset funds a good option amid the market rally?
MAAFs are structured to invest in a mix of asset classes, offering diversification benefits
RETIREMENT READY? HERE ARE SOME ESSENTIAL TIPS FOR FINANCIAL SECURITY
57% of urban Indians worry their retirement savings will deplete within a decade