<p>Foreign institutional investors (FIIs) have poured in $1.56 billion (Rs 9,600 crore) in the stock market so far this month, mainly on the hopes of a stable government in general elections starting next month.<br /><br /></p>.<p>FIIs bought shares worth Rs 59,296 crore and sold for Rs 49,699 crore till March 21, resulting in net inflow of Rs 9,597 crore ($ 1.56 billion), according to Sebi data. FIIs also infused Rs 12,816 crore ($2 billion) in the debt market during the period. They have purchased net Rs 11,716 crore worth of stocks so far in 2014. They had invested a net Rs 1,404 crore in equities in February, and Rs 714 crore in stocks in January.</p>
<p>Foreign institutional investors (FIIs) have poured in $1.56 billion (Rs 9,600 crore) in the stock market so far this month, mainly on the hopes of a stable government in general elections starting next month.<br /><br /></p>.<p>FIIs bought shares worth Rs 59,296 crore and sold for Rs 49,699 crore till March 21, resulting in net inflow of Rs 9,597 crore ($ 1.56 billion), according to Sebi data. FIIs also infused Rs 12,816 crore ($2 billion) in the debt market during the period. They have purchased net Rs 11,716 crore worth of stocks so far in 2014. They had invested a net Rs 1,404 crore in equities in February, and Rs 714 crore in stocks in January.</p>