FIIs pump in Rs 9,000cr in first week of September
Continuing their bet on the government’s reforms agenda, overseas investors have poured in nearly Rs 9,000 crore in the Indian capital market in the first week of the month. Net investments by foreign investors in the equity market were Rs 3,972 crore (USD 656 million) from September 1-5, while they infused a net amount of Rs 5,013 crore (USD 828 million) in the debt market during the period, taking the total to Rs 8,986 crore (USD 1.5 billion), as per the latest data. Market analysts maintain that overseas investors (foreign Institutional Investors, sub-accounts or foreign portfolio investors) have been betting on the Indian market mainly on account of the reforms agenda of the new government at the Centre. Also, they anticipate that inflows would continue in the coming months on slew of measures announced by the government. Since the beginning of the year, foreign investors have made a net investment of Rs 1.9 lakh crore (USD 31.5 billion) into the country’s securities market.
Read more at: http://www.moneycontrol.com/news/market-cues/fiis-pumprs-9000-crorefirst-weekseptember_1172799.html?utm_source=ref_article
Similar Posts:
Latest Query
- by Sam
Market Stats
Search Our Archives
Research Desk
- Stocks Trading above their 50 day moving average - DMA In Stock Research
- Download free Ebooks based on Technical Analysis In Personal Training
- TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
- TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
- Charting Pathsala - Your guide to Techincals In Technical Analysis
