ICICI Securities: FII Flow Tracker - Institutions Absorb Primary Market Supply While Small-Midcap Activity Surge

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Securities Report.Foreign portfolio investments (FPIs) deployed a relatively high 6 billion U.S. dollar in August 2020 into Indian stocks but the higher proportion of the flows went into absorbing primary issuances.Compared to other emerging markets, which witnessed FPI outflows, India outperformed in terms of inflows.Domestic institutional investors (DIIs) too had positive flows towards primary issuances although the secondary flows continued to be negative (Outflows of 1.5 billion U.S. dollar).Mutual fund flows into mid cap stocks improved further in August 2020 while outflows were largely seen from Large caps and marginal selling in small caps.Although monthly stock level flows from FPIs is not available, overall volume traded in mid and small caps within the NSE500 index (investible universe for Institutions), has continued to rise from June onwards.Significant outperformance of small (up 9%) and midcaps (up 5%) over Nifty 50 in August is continuing into September (up 6% and up 3% respectively) especially post the Securities and Exchange Board of India circular on Multi Cap funds which cannot be ignored by Institutional investors..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

ICICI Securities: FII Flow Tracker - Institutions Absorb Primary Market Supply While Small-Midcap Activity Surge

ICICI Securities: Institutions Absorb Primary Market Supply While Small-Midcap Activity Surge

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