FII inflows hit $20 billion mark in first half of 2014

Subscribe to GoodReturns
For Quick Alerts
For Daily Alerts
    FII inflows hit $20 billion mark in first half of 2014
    Overseas investors have pumped in a staggering over-$20-billion into the Indian market in the first half of the year, mainly on hopes of a stable and reform-oriented government at the Centre.

    The net investments by foreign investors into equity markets stood at $9.96 billion (Rs. 59,795 crore) during January-June 2014, while the same for debt markets was at $10.42 billion (Rs. 62,834 crore) taking the total to $20.4 billion (Rs. 1.23 lakh crore), latest data showed.

    Market analysts believe that foreign investors have been betting on the Indian market mainly on hopes of a stable and reform-oriented government.

    The inflows are expected to surge further as the verdict met overseas investors' expectations in the Lok Sabha polls.

    "Moreover, foreign investors continued their positive bias towards Indian markets after elections as well primarily on reforms oriented decisions taken by the new government," an analyst said.

    FIIs (Foreign institutional Investors), the main driver of the equity market, have helped in pushing up the benchmark BSE Sensex by over 20 per cent in the first six-month of the year.

    Foreign investors had made a net investment of Rs. 62,288 crore into the country's securities market in 2013 (January-December). This included a net investment of Rs. 1.13 lakh crore in equities, while they pulled out a net amount of Rs. 50,848 crore.

    From the beginning of June, FIIs along with sub-accounts and qualified foreign investors have been clubbed together by market regulator SEBI to create a new investor category called Foreign Portfolio Investors.

    The strong inflows in the recent months have taken the cumulative net investments of foreign investors into India to $191 billion, while their investments in rupee terms is Rs. 9 lakh crore level.

    This is based on the data since November 1992 when foreign investors began investing into Indian markets and includes about $156 billion investments into equities and further about $35 billion in debt markets.


    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    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