FII investments during the previous fiscal stood at Rs 1.1 lakh crore and at Rs 96,857 crore during the 2009-10, as per the data of Securities and Exchange Board of India (SEBI).
Experts opined that investments slowed down during the recent fiscal as fears of global slowdown as well as domestic uncertainties, all joined hands to make foreign investors cautious during the fiscal year ended March 2012.
The year, specifically 2011, turned out to be big blow to Indian markets in terms of FIIs investments. Of the total investments of Rs 47,935 crore during FY12, Rs 43,951 crore came during the first three months of 2012.
The upcoming fiscal is likely to see the return of FIIs in the Indian markets, assuming that the new proposals like GAAR don't harm them, as even RBI has signaled the reversal of interest rates soon.
Dion Global Solutions Ltd