Quite a lot of investors are worried about the FPIs dumping Indian equities and concluding that this is the prime reason for the ongoing correction in stock prices. A 🧵 to understand details about FPIs buying and selling in financial markets before jumping to conclusions

After some momentary excitement, the markets (equity, bonds and currency) are mostly continuing with their weak trend. Benchmark equity indices are back to their pre-budget levels. Even Nifty Consumer and Nifty Bank – the sectors that were supposed to be primary beneficiaries of the fiscal and monetary stimulus are trading almost at pre-stimulus levels.  Foreign portfolio investors (FPIs) are persisting with their exit strategy, and have been net sellers in India (including equity and debt) during the months January and February.  Stock market volumes are much below one-year average levels.

Every day, 1-2 SME companies are getting banned from trading by the regulator. Few months ago, any warnings given in this space was not heeded on X. Now the pendulum swung to the other extreme, actions are being taken. Expect this to continue for the next 12m.

@LarissaFernand That's 70 odd poll promises PDF, not the full document.

@LarissaFernand Maybe because no one reads the detailed manifesto where projections are given. Btw.. It's 130 for 2047, Amritkal. In any case, these are projections only.

@rvgandhi I am aware about this as I have been frequently visiting these places for 2 decades. But Analysts sitting at BKC who have never visited these grounds have other ideas.

@rvgandhi yes, only 5% spend their discretionary income at such events. Rest are either poor/very poor or VVIP who don't stay for more than 3-4 hrs depending on traffic conditions. They are mostly in for photo-ops.

@jaganmsna "Such events do provide a material income boost to the local economy"

@Nigel__DSouza @CNBCTV18Live @CNBCTV18News Congratulations Nigel!

@VishalBhargava5 Is this series part of your track record of finding worst shows on Netflix?

RT @fintrekk: REC: Co's Growth Is Coming From Transmission Interview of Vivek Kumar Dewangan, CMD, Distribution, Generation & Renewable En…

All investors have their unique investment style which is outcome of their experience, preferences and personal choices. You can copy a template, if you wish. Else develop your own. At the end of the day, knowingly or unknowingly everyone talk their own book depending on which regulatory framework (RA/RIA, MF, PMS, AIF etc) constraints they are working.

RT @fintrekk: #AKGweekendreadings

RT @fintrekk: While the mutual fund investments, especially through systematic investment (SIP) method, have been much talked about, empiri…

RT @fintrekk: Empirical evidence indicates that there has been a material rise in young new investors in the past four year (Post Covid). S…

One of the stocks on our watchlist was not correcting. The circuit filter was revised higher two days ago and stock is down 40% in 2 days. When the exit is narrow in an overvalued stock, it's always a stampede.

@AnshulGarg1986 Yes, that's what I meant exactly in the original tweet. Unless there is a fraud, the regulator won't get involved.

@hershsayta @RBI Yes, but possibly without doing aggressive rate cuts.