FIIs pumped in $4.6bn in Indian equities in Feb

Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts
    FIIs pumped in $4.6bn in Indian equities in Feb
    Foreign Institutional investors (FIIs) have pumped money into the stock markets for the eighth consecutive month and infused in over Rs 24,000 crore (USD 4.6 billion), taking the total investment tally to USD 8.4 billion so far this year.

    As per the data from Sebi, FIIs were gross buyers of shares worth Rs 78,888 crore, while they sold equities amounting to Rs 54,449 crore - a net inflow of Rs 24,439 crore (USD 4.57 billion).

    P Chidambaram, in his Budget speech, proposed to strengthen capital market regulator Sebi and cut the securities transaction tax, which will bring down overall costs for investors and attract more such investors.

    Meanwhile, foreign investors also infused Rs 4,001 crore (USD 743 million) in the debt market in February. This takes the overall net investments by FIIs into debt markets to Rs 7,712 crore (USD 1.43 billion) so far this year.

    Read more about: fii equities
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more