FII inflows News

The CAD had increased to $13.5 billion, or 2 percent of the gross domestic product in the third quarter as well.

Making record a habit of sorts, the Nifty on Wednesday closed above 10,000 in a first and the Sensex set a fresh life high, powered by unabated capital inflows amid quarterly earnings optimism. Speculators covered their short positions ahead of the July derivatives expiry tomorrow, building up the momentum.

After three months of continuous outflows, overseas investments into the Indian equities turned positive at USD 882 million during July, says a report.

To overcome such a situation, the industry body has suggested "a major offensive" to attract foreign direct investment (FDI), especially in infrastructure and manufacturing sectors.

Overseas investors have pumped in a massive over Rs 11,300 crore in Indian debt markets since the beginning of the month.

Overseas investors have pulled out nearly Rs 1,700 crore from the Indian stock markets in January so far following a steep fall in crude oil prices amid slowing global growth.

Overseas investors pumped in a little over Rs 2,100 crore in the Indian equity markets in December, making it the lowest investment in 10 months, primarily on account of profit booking.

Overseas investors poured in USD 2 billion in the Indian capital markets this month so far, taking total inflows to a staggering USD 42 billion since January this year.

Swiss brokerage Credit Suisse on Wednesday said the robust foreign inflows into the country's debt and equities markets will halve to USD 18-20 billion next year on a slowdown in the sovereign wealth funds' (SWFs) play.

As the Indian economy is showing signs of recovery, foreign institutional investors are expected to pump in more funds into equities, which may take their total exposure in the country to as high as USD 35 billion this fiscal, say experts.

Stock Markets logged their seventh winning streak Wednesday on select buying in key heavy weights, specifically in IT counters, which lifted the benchmark indices to a record closing high.