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Thursday, June 6, 2013

FIIs Invest $4 bn in May 2013


Overseas investors have pumped in more than Rs 22,000 crore (about $4 billion) in the Indian stock market in May 2013

In May 2013 foreign institutional investors (FIIs) were gross buyers of shares worth Rs 74,469 crore, while they sold equities amounting to Rs 52,300 crore, translating into a net inflow of Rs 22,168 crore ($4.04 billion)

The inflow in May comes after 16-month low net investment of Rs 5,414 crore in April. With this, the total foreign investor investment in the country’s equity market has reached Rs 83,205 crore ($15.35 billion) since the beginning of 2013.

As on May 31, 2013 the number of registered FIIs in the country stood at 1,758 

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