Download or read book Foreign Institutional Investors FIIs and Capital Market in India written by Kulwant Singh Phull and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1990s, one of the major forces changing the face and structure of international capital markets has been the flow of cross-border portfolio investments, especially by Foreign Institutional Investors (FIIs) from developed countries to the developing economies. Portfolio investors provide institutional character to the capital markets, flavored by highly intensive research and diversified investments. FIIs are specialized financial intermediaries managing savings collectively on behalf of investors, especially small investors, towards specific objectives in terms of risks, returns, and maturity of claims. FIIs make investments in various countries to provide a measure of portfolio diversification and hedging to their assets. The forces driving the recent change in the investment portfolio of FIIs - as reflected in the growing emphasis on equities of emerging market economies - include, inter alia: (a) increased accessibility of these markets after liberalization, (b) improved marketability, (c) fewer problems relating to thin trading, and (d) improved macroeconomic fundamentals of recipient countries. This book provides a detailed account and examination of various dimensions, determinants, deterrents, and other aspects of investment flows into India through FIIs.

Download or read book INDIAN STOCK MARKET AND INSTITUTIONAL INVESTMENTS written by Dr. Sridhar Ryakala and published by Zenon Academic Publishing. This book was released on 2017-12-01 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global integration, the widening and intensifying of links between high-income and developing countries has accelerated over the years. Over the past few years, the financial markets have become increasingly global. The Indian market has gained from foreign inflows through the investment of Foreign Institutional Investors (FIIs). Following the implementation of reforms in the securities industry in the past few years, Indian stock markets have stood out in the world ranking. During the past few years India has emerged as one of the world’s fastest growing economies. The increasing interest of foreign players in the domestic broking industry is a testimony of the stock market’s growth. The Indian stock market has also received a thrust from rise in business transactions over the years, because of sharp drop in brokerage fees and transaction costs, launch of a slew of new products, and a robust regulatory environment. The importance of institutional investors’ particularly foreign investors is very much evident as one of the routine reasons offered by market analysts’ whenever the market rises, it is attributed to foreign investors' money and no wonder we see headlines like "FIIs Fuel Rally" etc., in the business press. This is not unusual with India alone as today’s most developed economies might have seen a similar trend in the past. Domestic institutional investors on the other hand being another important section of institutional investors are playing a vital role in the Indian stock market. These investors have emerged as important players in the Indian stock market and their activities are influencing the market. There are many instances where this section of investors has stabilized the market conditions on one hand whereas their moves took the market to destabilized position on the other hand. Therefore, both FIIs and DIIs have become the most important determinants in the functioning of the Indian stock market. Thus, increasing role of these institutional investors has brought both quantitative and qualitative developments in the stock market viz., expansion of securities business, increased depth and breadth of the market, and above all their dominant investment philosophy of emphasizing the fundamentals has rendered efficient pricing of the stocks. Hence, there is a need to examine how investments made by these two groups of institutional investors’ impact each other as well as stock market returns. This book is an attempt in that direction.

Download or read book Impact of Foreign Institutional Investors on Indian Capital Market written by U. Brahmam and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: An important feature of the development of capital market in India in the last 20 years has been the growing participation of Institutional Investors. investors comprise both foreign institutional investors and the domestic institutional investors. In India, these institutional investors manage large amount of funds which constitutes a significant share of the entire market capitalization. Impact of these investors especially FIIs in Indian capital market has been a matter of debate. FII investments seem to have influenced the Indian capital market to a considerable extent. This paper makes an attempt to understand whether there exists a relationship between FII and capital market returns in India. Here, will see the impact of FIIs movement on index prices through the analysis of historical investment of FIIs and historical prices of BSE SENSEX and NSE NIFTY.

Download or read book Impact of FII Flows on Indian Capital Market written by Vaishali Jain and published by . This book was released on 2015 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: The progress and prosperity of a nation is reflected by the pace of its sustained economic growth and development which is provided by investment. Not only foreign exchange domestic savings but the magnitude and quality of foreign investment is also necessary for the well being of a country. The Foreign Institutional Investors (FIIs) have emerged as important players in the Indian equity market in the recent past and are gradually becoming one of the major factors that contribute towards the growth of the financial markets, more so in developing economies like India. The main objective was to study the effect of FII flow on capital markets, extent of Granger Causality between FII flows and capital market growth and lead-lag relationship between FII flows and NSE Nifty. The database used for the study is composed of the monthly data of FII flow and NSE Nifty. While selecting the sample certain criteria were followed. While collecting data for FII flows, data pertaining to the equity investment only was used. The data used was collected integration have been computed with the help of Gretl and other relevant software available for statistical analysis. The results of the study did imply that FII investment and NIFITY were influenced by various other macroeconomic fundamentals on the basis of which growth were studied and in any way did not have any causal relationship with each other.

Download or read book Portfolio Flows Into India written by Mr.James P. F. Gordon and published by International Monetary Fund. This book was released on 2003-01-01 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the factors affecting portfolio equity flows into India using monthly data. Flows to India are small compared to other emerging markets, but seem to be relatively less volatile. They also seem to be quite resilient. The paper shows that portfolio flows are determined by both external and domestic factors. Among external factors, LIBOR and emerging market stock returns are important, while the primary domestic determinants are the lagged stock return and changes in credit ratings. In quantitative terms, both external and domestic factors are found to be about equally important.

Download or read book Impact Of Foreign Institutional Investors On Stock Market written by Anand Bansal and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Impact of FII Flows on Indian Capital Markets written by Vaishali Jain and published by . This book was released on 2015 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: The progress and prosperity of a nation is reflected by the pace of its sustained economic growth and development which is provided by investment. Not only foreign exchange reserves, exports, government's revenue, financial position and available supply of domestic savings but the magnitude and quality of foreign investment is also necessary for the well being of a country. The Foreign Institutional Investors (FIIs) have emerged as important players in the Indian equity market in the recent past and are gradually becoming one of the major factors that contribute towards the growth of the financial markets, more so in developing economies like India. The main objective was to study the effect of FII flow on capital markets, extent of Granger Causality between FII flows and capital market growth and lead-lag relationship between FII flows and NSE Nifty. The database used for the study is composed of the monthly data of FII flow and NSE Nifty. While selecting the sample certain criteria were followed. While collecting data for FII flows, data pertaining to the equity investment only was used. The data used was collected from SEBI and major stock exchanges' websites. Findings of stationarity, causality and co integration have been computed with the help of Gretl and other relevant software available for statistical analysis. The results of the study did imply that FII investment and NIFITY were influenced by various other macroeconomic fundamentals on the basis of which growth were studied and in any way did not have any causal relationship with each other.

Download or read book Capital Inflows and Real Exchange Rate Appreciation in Latin America written by Guillermo A. Calvo and published by . This book was released on 1992 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Foreign Institutional Investors FII and The Indian Stock Market written by Paramalakshmi Devi and published by LAP Lambert Academic Publishing. This book was released on 2012-05 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign Institutional Investors (FII) and The Indian Stock Market An Economic Study SUMMARY Foreign Institutional Investor (FII) is used to denote an investor - mostly of the form of an institution or entity, which invests money in the financial markets of a country different from the one, where in the institution or entity was originally incorporated. FII investment is frequently referred to as hot money for the reason that it can leave the country at the same speed at which it comes in. In countries like India, statutory agencies like SEBI have prescribed norms to register FIIs and also to regulate such investments flowing in through FIIs. Foreign Exchange Management Act (FEMA), norms includes maintenance of highly rated bonds (collateral) with security exchange. Foreign Investment refers to investments made by residents of a country in financial assets and production process of another country. After the opening up of the borders for capital movement these investments have grown in leaps and bounds. But it had varied effects across the countries. It can affect the factor productivity of the recipient country and can also affect the balance of payments.

Download or read book Foreign Institutional Investors and Indian Stock Market written by Amita Bodla and published by LAP Lambert Academic Publishing. This book was released on 2017-06-19 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: India opened its stock markets to foreign institutional investors in September 1992 and since then Indian economy has emerged as a prominent market for the global investors. The presence of FIIs in stock market has always remained a hot and debatable issue. The present book is the outcome of an empirical research conducted to study the trends, magnitude and composition of FIIs in India over the last 20 years along with their impact on stock return and volatility. This book is organized into eight chapters. These are: Introduction, Review of Literature, Research Methodology, Growth and Composition of FII inflows in India, the Impact of the foreign institutional investors on market development, market capitalization and liquidity of Indian stock market, impact of foreign institutional investment on stock market return and volatility, Determinants of FIIs inflows to India and Major findings and Conclusion. It is expected that the book will be very beneficial for the research scholars, investors, academicians and policy makers.

Download or read book Institutional Investors In Global Capital Markets written by Narjess Boubakri and published by Emerald Group Publishing. This book was released on 2011-09-27 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines various issues concerning the strategies of institutional investors, the role of institutional investors in corporate governance, their impact on local and international capital markets, as well as the emergence of sovereign and other asset management funds and their interactions with micro and macro economic and market environments.

Download or read book Factors Affecting Investment Behaviour of Foreign Institutional Investors written by Mrunal Joshi and published by . This book was released on 2018 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: Liberalization of economic policies in 1992 allowed foreign institutional investors investing in Indian capital markets. Though FII permitted to invest Indian stock markets in 1992, they actually started investing in India from 1997 and factual growth of FII investment came after 2002. Since then participation of FII in Indian stock market has continuously increased. They have emerged to be one of the largest investors and have acquired ownership of substantial proportion of non-promoter shares. They have also emerged to be dominant market players contributing very high proportion 41.73% of total stock exchange turnover of BSE and NSE combined. In Indian markets, FII are perceived to be very large and sophisticated investors with very high impact on stock market returns. Many investors and market participants tend to make their stock market strategy based on investment pattern of FII and base their stock market analysis on their perception about factors considered by FII in their investment decision. In this context this paper studies perception of market participants about major determinants of FII investment decision and extent to which investors are influenced by FII investment.

Download or read book Impact Of Inflows Outflows Of FIIs On Indian Capital Market written by Rahul Singh and published by LAP Lambert Academic Publishing. This book was released on 2014-03 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: An economy, apart from everything else, is a highly fluid transmission mechanism. Its beauty lies in how the smallest of changes have the most complex trickle-down effects. A paradigmatic example of how seemingly minor policy changes can jump start the economy can be illustrated by examining the effects liberalization on capital market in India. The study is going to facilitate the organization in its service quality by knowing about the impact on Indian secondary market due to the fear factor of FIIs. This will help the organization a lot as it will give a clear view of how much it affects our market and the reflection of the Stock Market in the past few years due to FIIs. For the study purpose, I have taken NIFTY & SENSEX i.e. the National Stock Exchange (NSE) & Bombay Stock Exchange (BSE) as benchmark Index in Indian Capital Market.

Download or read book Foreign Investors Under Stress written by Ila Patnaik and published by International Monetary Fund. This book was released on 2013-05-22 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emerging market policy makers have been concerned about the financial stability implications of financial globalization. These concerns are focused on behavior under stressed conditions. Do tail events in the home country trigger off extreme responses by foreign investors – are foreign investors `fair weather friends'? In this, is there asymmetry between the response of foreign investors to very good versus very bad days? Do foreign investors have a major impact on domestic markets through large inflows or outflows – are they ‘big fish in a small pond’? Do extreme events in world markets induce extreme behavior by foreign investors, thus making them vectors of crisis transmission? We propose a modified event study methodology focused on tail events, which yields evidence on these questions. The results, for India, do not suggest that financial globalization has induced instability on the equity market.

Download or read book Dynamic Interactions Between Foreign Institutional Investment Flows and Stock Market Returns The Case of India written by Hemantkumar P. Bulsara Bulsara and published by . This book was released on 2015 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: There has been a marked increase in the magnitude of Foreign Institutional Investments (FIIs) into India since the 1990s, resulting in increased forex reserves and liquidity and a higher-valued Indian capital market. However, such investment is more volatile than other types of flows, causing disruptive effects in the form of sudden stops (for example, the crash of the Indian stock market on January 21, 2008). This study empirically examines the dynamic relationship between FIIs and Indian stock market returns. It also analyses the effects of FIIs on Indian capital market returns, using data from January, 2004 through September, 2012. The analysis employs a Cross Correlation Function (CCF) approach, a Granger Causality Test and Vector Auto Regression after dividing the data into two parts: Pre Global financial crisis and Post Global financial crisis periods. The results of the CCF suggest bi-directional causality between FIIs and Nifty returns, whereas the Granger Causality Test and the VAR analysis suggest uni-directional causality running Nifty returns to FIIs.

Download or read book ROLE OF FOREIGN INSTITUTIONAL INVESTORS FIIS IN INDIAN STOCK MARKET written by Ashish C. Makwana and published by Mr. Ashish C. Makwana. This book was released on 2023-01-22 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The role of investment in encouraging economic growth has predictable considerable concentration in India since independence. But the role of foreign institutional investment in the economic development of India is a recent topic of debate. The issues of role of FIIs investments and volatility of Indian stock market have become increasingly central issues in recent times to financial practitioners, market participants, regulators and researchers.

Download or read book Portfolio Preferences of Foreign Institutional Investors written by Reena Aggarwal and published by World Bank Publications. This book was released on 2003 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: