Highly influenced by the reform agenda of the new government to revitalise the economic growth, Foreign Institutional Investors (
FIIs) have poured in a whopping Rs. 17,000 crore in the
Indian capital market since the beginning of this month.
As per the latest official data, net
investments by overseas investors in the
equity market were Rs 6,665 crore ($1.1 billion) from September 1 to 12, while they infused a net amount of Rs 10,432 crore ($1.72 billion) in the debt market during the period, taking the total to Rs 17,098 crore ($2.8 billion).
Market analysts anticipate that inflows would continue in the coming months on a slew of measures announced by the government.
Since the beginning of the year, foreign investors have made a net investment of Rs 1.98 lakh crore ($33 billion) into the country's securities market.
in nearly 22 years, strong inflows in the recent months have taken the cumulative net investments of FIIs, the main driver of the
Indian equity market, to Rs 9.88 lakh crore ($204 billion). This is based on the data since November 1992 when the FIIs began investing into Indian markets and includes about $160 billion investments into
equities and about $44 billion in debt markets.
(Image: indiatimes)
