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31/12/2013 15:25 AST
Overseas investors are estimated to have made a net inflow of over Rs 1.13 lakh crore in the Indian equity market in 2013, even as they turned net sellers in the debt securities.
According to experts, the inflows are expected to improve further in 2014 as the state Assembly election results have brightened the chances of a BJP-led government at the Centre, on which foreign investors are said to be putting their bets, according to experts.
In 2012, Foreign Institutional Investors (FIIs) made a net infusion of Rs 1.3 lakh crore ($ 24 billion) in equities.
At gross level, FIIs purchased stocks worth about Rs 7.96 lakh crore in 2013 and sold equities to the tune of Rs 6.84 lakh crore — translating into a net inflow of Rs 1,13,136 crore ($ 20.10 billion) so far.
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The Hindu Business Line
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
Index | Closing | Change |
---|---|---|
NIKKEI 225 | 21,292.29 | -96.29 (-0.45 |
DAX | 12,002.45 | -94.28 (-0.77 |
S&P 500 | 2,614.45 | 32.57 (1.26 |
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