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FII Investment in the Indian stock market surpassed more than 24000 crore Rupees in December 2012

India Current Affairs 2012.Foreign Institutional Investors (FIIs) in the month of  December had pumped in more than 24000 crore rupees in the Indian stock market which is said to be the highest in 10 months timeline taking total FII inflow for the year 2012 to over 24 billion dollars...

Dec 31, 2012 12:56 IST
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Foreign Institutional Investors (FIIs) in the month of  December had pumped in more than 24000 crore rupees in the Indian stock market which is said to be the highest in 10 months timeline taking total FII inflow for the year 2012 to over 24 billion dollars.

As per the SEBI Data, In December, 2012 Foreign Institutional Investors (FIIs) were gross buyers of shares worth Rs 71595 crore rupees while they sold equities amounting to 47412 crore rupees. This translates into a net inflow of 24183 crore rupees or around.4.42 billion dollar.

Earlier in the month of February FIIs had infused 25212 crore rupees in stocks, which is counted to be second highest investment in Year 2012 since their entry into Indian capital markets in 1992.

If we take the latest inflows into count, FII investment in that case in the country’s equity market reached 127455 crore rupees ($24 billion) for the year 2012 with just one more trading session left.

Foreign investors are pouring money into the Indian stocks in hopes of cut in interest rates by the RBI. FIIs continued their positive standpoint on the Indian equities as the lack of investment options make the country an attractive destination.

In addition to equities, FIIs invested 1178 crore rupees in the debt market the month taking the year’s tally to 34462 crore rupees.

As on 28 December 2012 the number of registered FIIs in the country stood at 1759 and total numbers of sub-accounts were 6358 during the same period.

About Foreign Institutional Investors

Foreign Institutional investors are those organizations which sum up huge amount of money and invest that amount in securities, real property and other investment assets. Some Foreign Institutional investors are also operating companies that decide to invest their profits to some degree in these types of assets.

The most common types of typical investors includes banks, insurance companies, retirement or pension funds, hedge funds, investment advisors and mutual funds. They act as highly specialized investors on behalf of others which are considered as their economic role.