FIIS invest $19bn in Indian equities
India's stock markets have remain attractive for overseas investors, as foreign entities have pumped in $19 billion so far -- the second highest mark in a year.
Foreign Institutional Investors (FIIs) were gross buyers of shares worth Rs 5,80,183 crore and sellers of equities worth Rs 4,80,778 crore, translating into net inflow of Rs 99,406 crore (USD 19.08 billion), according to the Sebi data.
This is the second highest net inflow by FIIs in a single calendar year since their entry into Indian capital markets in 1992. In 2010, overseas investors had made net investments of about USD 29 billion (about Rs 1,33,266 crore).
FIIs had pulled out USD 358 million (Rs 2,714 crore) in 2011.