FIIs invest over Rs 15,000 cr in debt, equities this month

PTI Mumbai | Updated on March 13, 2018 Published on January 15, 2012

The Foreign institutional investors (FIIs) continue to invest in the Indian stock and debt markets for the second week, as the net inflows were over Rs 15,000 crore in this month so far.

FIIs gross purchase of equities and debt securities was at Rs 36,613 crore between January 2—13.

In the same time, foreign funds sold shares and bonds worth Rs 21,235 crore, translating into a net investment of Rs 15,378 crore for the period, according to the SEBI data.

Market experts believe that rupee strengthening and easing concerns over inflation and economic growth have helped foreign investors to step up buying in recent sessions.

Analysts said that weak earnings outlook is a matter of concern only in the short term, as conditions may improve in line with changes in domestic as well as global macro environment.

Investors were more bullish on the debt market making a net investment of Rs 12,906 crore during the period, while their investment in equities stood at Rs 2,472 crore.

Buoyed by FII inflow, the stock market barometer Sensex (of the BSE) gained around 700 points or 4.52 per cent so far in January. In the last trading session, the key index on BSE finished at 16,154.62, up 117.11 points from its previous close.

In the year 2011, the FIIs purchased stocks and bonds worth Rs 8 lakh crore during 2011, but sold securities worth 7.9 lakh crore, resulting into a investment of Rs 1,7480 crore for the year.

However, investors have flocked towards the debt market and made an investment of Rs 20,293 in the year 2011, while at the same time they stayed away from equity market and pulled out Rs 2,812 crore.

Published on January 15, 2012
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