Sunday, 23 December 2012

FIIs pour $3.4 billion in December

Overseas investors have pumped in $3.4 billion in the Indian stock market so far this month, taking the total inflow for 2012 to a staggering $23 billion. 

During December 3-21, foreign institutional investors (FIIs) were gross buyers of shares worth Rs 57,024 crore and sellers of equities worth Rs 38,644 crore - translating into a net inflow of Rs.18,380 crore ($ 3.4 billion), according to Sebi data.

This takes the net investment by FIIs to $23.15 billion (Rs 1,21,652 crore) so far in 2012, making it the highest-ever inflow during the last two years and the second- highest in any calendar year, since their entry into Indian capital markets in 1992. 

Source:- http://timesofindia.indiatimes.com/

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