Foreign Institutional Investors: Trends & Inflows in Indian Stock Market

2015 ◽  
Author(s):  
Shaminder Kaur ◽  
Gurloveleen Kaur Maan
Keyword(s):  
Stock Market ◽  
Institutional Investors ◽  
Foreign Institutional Investors ◽  
Indian Stock Market

scholarly journals FIIs and Indian Stock Market: A Causality Investigation

2012 ◽  
Vol 14 (4) ◽  
pp. 5-24 ◽  
Author(s):  
Minakshi Paliwal ◽  
S. D. Vashishtha
Keyword(s):  
Stock Market ◽  
Capital Flows ◽  
Institutional Investors ◽  
Capital Gains ◽  
Market Returns ◽  
Causality Test ◽  
Stock Market Returns ◽  
Foreign Institutional Investors ◽  
And Performance ◽  
Indian Stock Market

While the volatility associated with portfolio capital flows is well known, there is also a concern that foreign institutional investors might introduce distortions in the host country markets due to the pressure on them to secure capital gains. In this context, present chapter attempts to find out the direction of causality between foreign institutional investors (FIIs) and performance of Indian stock market. To facilitate a better understanding of the causal linkage between FII flows and contemporaneous stock market returns (BSE National Index), a period of nineteen consecutive financial years ranging from January 1992 to December 2010 is selected. Granger Causality Test has been applied to test the direction of causality.

A Study of Union Budget Impact on Indian Stock Market

2016 ◽  
Vol 11 (01) ◽  
Author(s):  
Ashish Kr. Jha
Keyword(s):  
Stock Market ◽  
Institutional Investors ◽  
Budget Impact ◽  
Fiscal Deficit ◽  
Weight Estimation ◽  
Economic Event ◽  
Volatility Index ◽  
Retail Investors ◽  
Foreign Institutional Investors ◽  
Indian Stock Market

This study focused on the event of Union budget on Indian stock market, the analysis has been made between a periods of 2012- 13 to 2015-16. Union Budget is considered to one of the major economic event which takes place every year. The direction of Indian economy is drafted by government of India through Union Budget. Volatility index (Vix) of the index was observed high throughout the month of February every year. Sharp differential Measures indicate that the performance of market goes to one direction after budget announcement and its analysis by the investors. Regression weight estimation initiated that Indian growth is influenced by the fiscal deficit. This analysis is useful for the equity investors namely Retail investors, Domestic Institutional investors (DII), Foreign Institutional Investors (FII) etc.

scholarly journals Impact of Foreign Institutional Investors on the Volatility of Indian Stock Market using GARCH Model

2018 ◽  
Vol 5 (01) ◽  
Author(s):  
Prateek Kumar Bansal ◽  
Om Prakash Agrawal
Keyword(s):  
Stock Market ◽  
Institutional Investors ◽  
Unit Root Test ◽  
Garch Model ◽  
Strong Relationship ◽  
Stock Market Volatility ◽  
Augmented Dickey Fuller ◽  
Foreign Institutional Investors ◽  
Indian Stock Market ◽  
The Impact

Foreign institutional investors have played an important role in the development of Indian stock market. In this paper, we study the relationship between the FII capital flows and the volatility of Indian stock market. To conduct the study, daily Index and trading data of SENSEX, NIFTY and FIIs was collected for fifteen years from April 1, 2001 to March 31, 2017. After testing for data stationarity using Augmented Dickey–Fuller test (ADF) unit root test, different statistical tools were applied such as S.D., mean, variance, skewness, correlation and GARCH model for testing the impact of FIIs flows on stock market volatility. The study concludes that there is strong relationship between the FIIs and the stock market return. Further, positive correlation exists between the variables and volatility transmission is there from FIIs to both the indices.

Do Local Investors Exhibit Smart Value Investment? Empirical Evidence from India

2020 ◽  
pp. 097215092091533
Author(s):  
Ajay Kumar Chauhan ◽  
Barnali Chaklader
Keyword(s):  
Stock Market ◽  
Empirical Evidence ◽  
Positive Feedback ◽  
Institutional Investors ◽  
Smart Money ◽  
Foreign Institutional Investors ◽  
Indian Stock Market ◽  
Daily Returns ◽  
Investment Behaviour ◽  
Feedback Trading

We have studied the investment behaviour of ‘foreign institutional investors’ (FIIs) and ‘domestic institutional investors’ (DIIs) in the Indian stock market for positive feedback trading and smart money value investments. We have collected the daily investment of FII and DII in Indian stock markets along with NIFTY daily returns. We have used multivariate causality approach VAR and found that FII investments follow positive feedback trading approach whereas DII follow smart money value investments in the Indian stock market.

Relationship between Foreign Portfolio Investments (FPI), Domestic Institutional Investors, and Stock Market Returns in India

GIS Business ◽  
2017 ◽  
Vol 12 (6) ◽  
pp. 1-9
Author(s):  
Dhananjaya Kadanda ◽  
Krishna Raj
Keyword(s):  
Stock Market ◽  
Institutional Investors ◽  
Negative Relationship ◽  
Trading Strategies ◽  
Market Returns ◽  
Stock Market Returns ◽  
Foreign Portfolio Investment ◽  
Stock Market Return ◽  
Indian Stock Market ◽  
Feedback Trading

The present article attempts to understand the relationship between foreign portfolio investment (FPI), domestic institutional investors (DIIs), and stock market returns in India using high frequency data. The study analyses the trading strategies of FPIs, DIIs and its impact on the stock market return. We found that the trading strategies of FIIs and DIIs differ in Indian stock market. While FIIs follow positive feedback trading strategy, DIIs pursue the strategy of negative feedback trading which was more pronounced during the crisis. Further, there is negative relationship between FPI flows and DII flows. The results indicate the importance of developing strong domestic institutional investors to counteract the destabilising nature FIIs, particularly during turbulent times.

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