FII Investments in the Indian stock market this year have reached close to the $9-billion mark, of which $109 million has been pumped in so far this month.
After pouring hefty funds into the Indian equity market during the first three months of 2012, Foreign Institutional Investors (FIIs) seem to be cautious now and have invested only $109 million (Rs 548 crore) in April.
With the latest infusion, FIIs investment in the country has reached to $8.98 billion (Rs 44,499 crore) in the stock market so far in 2012. Of this, $2 billion was poured in January, $5.12 billion in February and the rest $1.68 billion in March.
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