FIIs invest $19 billion in Indian equities
Mumbai, Nov 25, 2012, PTI : 21:21 IST
Indian stock markets have remain attractive for overseas investors, as foreign entities have pumped in over $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 ($19.08 billion), according to Sebi data.
In 2010, overseas investors had made net investments of about $29 billion (about Rs 1,33,266 crore).
FIIs had pulled out $358 million (Rs 2,714 crore) in 2011.