New Delhi: Overseas investors pumped USD 823 million into the stock markets in the month of April, taking the total investment tally to over USD 11 billion in 2013 so far. Foreign institutional investors (FIIs) infused a net amount of USD 823 million (about Rs 4,450 crore) in Indian stock market in March taking the total inflows to USD 11.2 billion (Rs 60,072 crore) in less than four months of 2013 so far.
FIIs had pumped in USD 1.2 billion (Rs 6,532 crore) during March, USD 4.57 billion (Rs 24,440 crore) in February and USD 4.05 billion (Rs 22,000 crore) in January. Market experts said FII inflows in the Indian equities have slowed during April because of a slew of factors such as profit-booking, concerns over high current account deficit (CAD) and political uncertainty.
"We have seen FIIs pumping in funds in the Indian equity market during the month, but they are concerned about various economic factors such as CAD touching a record high and political uncertainty," Geojit BNP Paribas Financial Services Ltd Head (Research) Alex Mathews said.
During April 2-26, FIIs were gross buyers of shares worth Rs 54,790 crore, while they sold equities amounting to Rs 50,340 crore, translating into a net investment of Rs 4,450 crore (USD 823 million), as per Sebi data....more
01:50 PM, Apr 28, 2013
New Delhi: Overseas investors, which have been trimming their holdings in Kingfisher Airlines in the past three quarters, have increased their stake marginally in the cash-strapped carrier during the March quarter, according to data available with bourses. An analysis of shareholding patterns of airlines showed that Foreign Institutional Investors (FIIs) have increased their stakes both in Kingfisher and Jet Airways in three months ended March 2012. However, the shareholding pattern...
03:38 PM, Apr 26, 2012