Foreign fund inflows News

After a period of global market volatility, foreign institutional investors (FIIs) have returned strongly to Indian markets. In the last 11 trading sessions alone, FIIs have invested Rs 37,375 crore in Indian equities and bonds. 

Foreign Institutional Investors (FIIs) bought equities worth Rs 1,944.48 crore on Friday, according to exchange data. Global oil benchmark Brent crude climbed 1.08 per cent to USD 79.87 a barrel. 

Crude oil prices firmed up in early Asian trade. Brent crude, the global oil benchmark, gained 0.35 per cent to trade at USD 85.64 per barrel. Oil for Indian basket was up at USD 84.50 per barrel.

India's weight in the MSCI Emerging market index is expected to rise in the coming years and the equity market will attract more foreign fund inflows going ahead, says a Morgan Stanley report.  

The 50-share Nifty too settled 11.50 points or 0.13 percent higher at 8,805.05 after moving between 8,826.90 and 8,754.20.

 A Strengthening rupee and increased foreign fund inflows into the equity markets buoyed India's foreign exchange (Forex) kitty by $458 million, experts said on Saturday.

Market capitalisation of BSE listed firms stood at Rs 74.15 lakh crore at the end of 2013-14 fiscal.

With overseas investors pumping in over USD 3 billion in the Indian capital markets this month, total foreign inflows have touched USD 13 billion since the beginning of the year.