New Indian government’s reforms agenda, foreign institutional investors have poured in nearly Rs 9,000 crore in the capital market in the first week of the month.
Net investments by foreign investors in the equity segment was Rs 3,972 crore from September 1-5, while they infused a net amount of Rs 5,013 crore in the debt market during the period, taking the total to Rs 8,986 crore , as per the latest data.
Market analysts maintain that overseas investors (foreign Institutional Investors, sub-accounts or foreign portfolio investors) have been trailing so high on the Indian capital market mainly on account of the reforms agenda of the new government at the Centre.
FIIs, the lead traders of the equity market, have helped push up the benchmark indice of BSE Sensex by 1.45 per cent last week and is now sailing above 27,000 level and is in strong position.
From the beginning of June, FIIs (Foreign Institutional Investors) along with sub-accounts and qualified foreign investors have been clubbed together by market regulator Sebi to create a new investor category called Foreign Portfolio Investors.
