Business Daily from THE HINDU group of publications Wednesday, Jul 25, 2007 ePaper |
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Markets
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Foreign Institutional Investors
Our Bureau Mumbai, July 24 The India growth story is intact and showing. Foreign institutional investors investments have crossed $10 billion in the equity markets in 2007, as per the data available on SEBI Web site. Their net investments currently stands at $10.17 billion. Interestingly, more than half of the net investments for the year have come in the month of July; the net investments in July stand at $5.829 billion. Their debt investment is close to $2 billion. Analysts said the large amount has entered in the backdrop of rising equity markets daily and a flurry of big initial public offerings.
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