{"id":1535,"date":"2019-12-02T19:59:45","date_gmt":"2019-12-02T19:59:45","guid":{"rendered":"https:\/\/jobbinghood.com\/finance\/2019\/12\/02\/foreign-investors-bring-cheer-to-indian-market-in-november-fpi-in-equity-at-8-month-high\/"},"modified":"2019-12-02T19:59:45","modified_gmt":"2019-12-02T19:59:45","slug":"foreign-investors-bring-cheer-to-indian-market-in-november-fpi-in-equity-at-8-month-high","status":"publish","type":"post","link":"https:\/\/jobbinghood.com\/magazine\/2019\/12\/02\/foreign-investors-bring-cheer-to-indian-market-in-november-fpi-in-equity-at-8-month-high\/","title":{"rendered":"Foreign investors bring cheer to Indian market in November; FPI in equity at 8-month high\u00a0"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"article-image\">\n<figure><img fetchpriority=\"high\" decoding=\"async\" class=\"lazy lazy-hidden wp-image-1747559 size-full\" src=\"http:\/\/www.financialexpress.com\/wp-content\/plugins\/a3-lazy-load\/assets\/images\/lazy_placeholder.gif\" data-lazy-type=\"image\" data-src=\"https:\/\/images.financialexpress.com\/2019\/10\/fpis1.jpg\" alt=\"fpi, foreign portfolio investment, investments in india, FII, nirmala sitharaman\" width=\"660\" height=\"440\" srcset=\"\" data-srcset=\"https:\/\/images.financialexpress.com\/2019\/10\/fpis1.jpg 660w, https:\/\/images.financialexpress.com\/2019\/10\/fpis1-300x200.jpg 300w, https:\/\/images.financialexpress.com\/2019\/10\/fpis1-620x413.jpg 620w, https:\/\/images.financialexpress.com\/2019\/10\/fpis1-401x267.jpg 401w\" sizes=\"(max-width: 660px) 100vw, 660px\"\/><noscript><img decoding=\"async\" class=\"wp-image-1747559 size-full\" src=\"https:\/\/images.financialexpress.com\/2019\/10\/fpis1.jpg\" alt=\"fpi, foreign portfolio investment, investments in india, FII, nirmala sitharaman\" width=\"660\" height=\"440\" srcset=\"https:\/\/images.financialexpress.com\/2019\/10\/fpis1.jpg 660w, https:\/\/images.financialexpress.com\/2019\/10\/fpis1-300x200.jpg 300w, https:\/\/images.financialexpress.com\/2019\/10\/fpis1-620x413.jpg 620w, https:\/\/images.financialexpress.com\/2019\/10\/fpis1-401x267.jpg 401w\" sizes=\"(max-width: 660px) 100vw, 660px\"\/><\/noscript><span class=\"article-caption\">To further boost the investments, the government is considering doing away with multiple taxes such as LTCG, DDT, STT, etc, and may move to a single-tax structure on equity investments.<\/span><\/figure>\n<\/div>\n<p><span style=\"font-weight: 400;\">The foreign portfolio investors are gradually bouncing back to Indian markets after the <a target=\"_blank\" href=\"http:\/\/www.financialexpress.com\/tag\/narendra-modi\/\" rel=\"noopener noreferrer\">Narendra Modi<\/a>-led government has announced measures to attract investments. India received foreign portfolio investments of Rs 22,999 crore in November, which is the highest since April 2019, according to the National Securities Depository Limited (NSDL). Such investments drastically fell after Finance Minister Nirmala Sitharaman announced the super-rich tax on institutional investors. T<\/span><span style=\"font-weight: 400;\">he tax surcharge for foreign entities which are registered as non-corporates, spooked investors as the surcharge could have impacted 40 per cent of the FPIs. Initially, the government had left no possibility of withdrawing the decision but seeing the widespread pessimism in the FPI market, the government rolled it back.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While the investments in the debt market have worsened, the equity market in November picked up to an 8-month high, driving the overall portfolio investments beyond Rs 20,000 crore mark. To further boost the investments, the government is considering doing away with multiple taxes such as LTCG, DDT, STT, etc, and may move to a single-tax structure on equity investments, making compliance easier.\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.financialexpress.com\/economy\/foreign-investors-return-to-india-fpi-at-6-month-high-in-october-after-govt-withdraws-super-rich-tax\/1751759\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">Also Read: Foreign investors return to India: FPI at 6-month high in October after govt withdraws super-rich tax<\/span><\/a><\/p>\n<p><span style=\"font-weight: 400;\">Other major announcements such as the reduction in the corporate tax and bank recapitalisation may also have strengthened the trust of the foreign investors.\u00a0<\/span><span style=\"font-weight: 400;\">Meanwhile, the share markets also touched their lifetime peaks in the month of November. A higher market gives the investors higher returns and thus becomes more suitable to receive portfolio investments.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In November, even the first week saw a net inflow of over Rs 12,000 crore as institutional investments.\u00a0However, December has started with a pullback of Rs 751 crore from the Indian equity markets.\u00a0<\/span><\/p>\n<div class=\"common-bottom-text\">\n<p>Get live <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/\" target=\"_blank\" rel=\"noopener noreferrer\">Stock Prices<\/a> from BSE and NSE and latest NAV, portfolio of <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mutual Funds<\/a>, calculate your tax by <a href=\"https:\/\/www.financialexpress.com\/income-tax-calculator\/\" target=\"_blank\" rel=\"noopener noreferrer\">Income Tax Calculator<\/a>, know market\u2019s <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-gainers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Gainers<\/a>, <a href=\"http:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-losers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Losers<\/a> &amp; <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/equity-funds\/\" target=\"_blank\" rel=\"noopener noreferrer\">Best Equity Funds<\/a>. Like us on <a href=\" https:\/\/www.facebook.com\/thefinancialexpress\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook<\/a> and follow us on <a href=\" https:\/\/twitter.com\/FinancialXpress\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a>.<\/p>\n<\/div>\n<\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] To further boost the investments, the government is considering doing away with multiple taxes such as LTCG, DDT, STT, etc, and may move to a single-tax structure on equity investments. The foreign portfolio investors are gradually bouncing back to Indian markets after the Narendra Modi-led government has announced measures to attract investments. India received [&hellip;]<\/p>\n","protected":false},"author":348,"featured_media":1536,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1535","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-markets"],"_links":{"self":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/1535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/users\/348"}],"replies":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/comments?post=1535"}],"version-history":[{"count":0,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/1535\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media\/1536"}],"wp:attachment":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media?parent=1535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/categories?post=1535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/tags?post=1535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}