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FII net inflows cross $4 bn

FII net inflows cross $4 bn
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First Published: Thu, Jun 14 2007. 06 41 PM IST
Updated: Thu, Jun 14 2007. 06 41 PM IST
PTI
New Delhi: Reflecting the continued interest in Indian equity markets, foreign institutional investments this year has crossed the $4 billion mark.
In rupee terms, the FIIs have made net investments worth Rs17,528 crore in the equities market this year so far, latest data available with Sebi shows.
As on June 13, the number of registered FIIs in the country stood at 1,042.
In June so far, FIIs have picked up equities worth Rs239.20 crore or about $57 milllion, according to Sebi data. The gross FII purchases in the month so far has been Rs20,914.70 crore.
Besides, the stock markets have been volatile this month with the Benchmark Index Sensex playing hide and seek with the 14,000 mark.
The gross FII investments in the country till now from the time they were allowed to invest in the India equity markets stands at $53.06 billion.
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First Published: Thu, Jun 14 2007. 06 41 PM IST
More Topics: Money Matters | Equities |