FII INFLOWS HIT $ 30BN IN 2014

Betting big on the government’s reforms agenda, net investments by overseas investors into India so far this year reached $ 30- billion level, while their cumulative total inflows into the country crossed $ 200- billion mark. The net investments by foreign investors into Indian debt markets since the beginning of 2014 have reached $ 17 billion (` 1.2 lakh crore), while the same for equities stand $ 13 billion ( over ` 78,000 crore) — taking the total to $ 30 billion (` 1.8 lakh crore). This includes a net investment of $ 3.65 billion in this month. Market analysts maintain that overseas 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. FIIs have helped pushed up the benchmark BSE Sensex by 26 per cent so far in 2014.