FIIs infuse Rs 3,700 cr in the first week of '10

FIIs infuse Rs 3,700 cr in the first week of '10

Foreign institutional investors (FIIs) were gross buyers of shares worth Rs 13,738.80 crore, while they sold equities valued worth 10,000 crore, resulting in a net investment of Rs 3,738.70 crore, as per the data available with capital market regulator Sebi.

FIIs poured in a record over Rs 83,400 crore in the domestic equities in 2009.

For the week ended Friday, FIIs were the net investor of Rs 4,417.90 crore in debt instruments, according to the data by Securities and Exchange Board of India (Sebi).

Interestingly, during the period under review (January 4-8) the Bombay Stock Exchange benchmark Sensex grew by 0.43 per cent to close at 17,540.29 points. Worth to mention, during the year 2009, stock market barometer Sensex registered an impressive gain of over 81 per cent.

Last year’s investment of Rs 83,400 crore by FIIs is the highest inflow in the country in rupee terms in a single year and came a year after overseas investors pulled out over Rs 50,000 crore.