FPI selling crosses Rs 52,000 crore in October as Nifty defies foreign exoduseconomictimes.indiatimes.com
Foreign portfolio investors withdrew over Rs 52,100 crore from Indian equities during the first half of October, surpassing total outflows recorded in the previous month. Persistent selling was driven by rising US 10-year Treasury yields approaching 5.3 percent and elevated crude oil prices. Despite the foreign exodus, domestic institutional buying and a surge in technology stocks helped benchmark indices stage a strong recovery during the week.
DIIs increase stake in 8 midcap stocks in Q2FY27economictimes.indiatimes.com
Domestic institutional investors raised their shareholdings by over 200 basis points in eight midcap stocks during the September quarter. Companies recording significant increases in domestic holdings include Swiggy, One97 Communications, Meesho, and Cochin Shipyard. Other firms seeing higher institutional interest comprise Lenskart Solutions, Piramal Finance, APL Apollo Tubes, and SBI Cards and Payment Services. The disclosures reflect growing institutional confidence in these companies during the second quarter of fiscal 2027.
Exporters may be asked to monitor supply chains' indirect emissionseconomictimes.indiatimes.com
The Indian government began discussions on whether exporters should track indirect Scope 3 emissions across their value chains. The finance and commerce ministries held preliminary talks during a period of tightening green requirements by global trade partners. Scope 3 emissions cover indirect impacts from purchased goods, transportation, waste, and raw material sourcing, making them harder to measure than direct operational emissions. Niti Aayog recommended that any reporting requirements should begin with large entities in high-impact sectors to avoid overburdening micro, small, and medium enterprises.
SEBI’s SME IPO plan may cut costs, but liquidity concerns remainthehindubusinessline.com
The Securities and Exchange Board of India proposed removing compulsory market-making and full underwriting requirements for small and medium enterprise initial public offerings. The regulatory overhaul aims to lower listing costs and allow prices to be determined by real market demand. However, experts caution that removing mandatory market-making may reduce liquidity and make it difficult for investors to exit thinly traded shares. Public comments on the proposed changes remain open until November 4.
Global investors against use of judicial anti-avoidance rule by tax officialseconomictimes.indiatimes.com
International investors raised concerns with Indian tax authorities regarding the invocation of the judicial anti-avoidance rule by income tax officials. Representatives from the Asia Securities Industry and Financial Markets Association met with Central Board of Direct Taxes officials to seek government intervention. Tax officials invoked JAAR to deny tax benefits claimed by Mauritius investors on the sale of grandfathered shares acquired before April 1, 2017. Industry participants argue that the application contradicts previous regulatory frameworks and requires a legislative amendment.
Jefferies’ Chris Wood says it’s time to diversify beyond AI. Where should investors look now?economictimes.indiatimes.com
Jefferies global head of equity strategy Chris Wood urged investors to diversify beyond artificial intelligence due to slowing earnings growth and high valuations. Global AI stock earnings growth is projected to slow from nearly 100 percent in 2026 to 30 percent in 2027 and 22 percent in 2028. Meanwhile, AI stocks trade at about 23 times forward earnings compared to 13 times for non-AI baskets. Rising borrowing costs and widening credit default swap spreads for major tech firms indicate tighter funding conditions for capital expenditure.