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FIIs Bring $ 20 Billion Into Indian Markets In 2012

PUBLISHED BY: SURENDER KUMAR
DECEMBER 04, 2012

   
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Foreign Institutional Investors (FIIs), the main driver of Indian equities, invested more than $20 billion  (Re.1, 10, 000 Crore) in the first 11 months this year — the second-highest since 1993 when India had opened the gates for such investors.

 

 

 

 

A rise in global liquidity, following quantitative easing by central banks in Europe and the US, has driven the money surge into emerging market stocks, including Indian equities. A cheaper rupee also makes Indian markets attractive as FIIs could buy cheaper stocks. The Indian rupee has already fallen 3.27% against the dollar this year.

 

 

 

 

At $20.10 billion, as per the Securities and Exchange Board of India, the FII investment in Indian equities is the highest since 2010, when a record $29.32 billion had come in.



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