Foreign investors have purchased stocks and bonds worth over Rs 79,000 crore from the Indian capital market in January,2011,so far,as per data from market regulator Sebi.
Foreign institutional investors (FIIs),whose investments are often called ‘hot money’ because they can be pulled out at anytime,have purchased stocks and debt securities worth Rs 79,420 crore during the course of the 19 trading sessions conducted in 2011 so far,according to the latest Sebi data.
At the same time,FIIs sold shares and bonds worth Rs 72,910 crore,translating into a net investment of Rs 6,509.60 crore. In dollar terms,FIIs have invested USD 1.44 billion on the purchase of Indian stocks and bonds in January,2011,so far.
Overseas investors have been gross sellers of equities worth Rs 4,220.