Logo


October accounts for one-fourth of total FII inflows this year

Foreign institutional investors (FIIs) infused a record $6.4 billion in October, accounting for nearly one-fourth of the total inflows came in stock market so far this year. As per the data available with capital market regulator Securities and Exchange Board of India, overseas fund houses were the net buyer of Indian equities worth $6.42 billion (Rs 28,562 crore) during the current month, the highest amount pumped in by the FIIs in any single month. With this heavy inflow in just one month, the total net investment by FIIs on the local stocks now stands at $24.79 billion (Rs 1.12 lakh ...