Sunday, January 17, 2010

Overseas investors infuse Rs 3,700 cr in first week of 2010

New Delhi, Jan 10 : Overseas investors infused a netRs 3,700 crore into the stock market in the first trading weekof the New Year, reflecting an impressive start for 2010 afterrecord inflows in the last year.

Foreign institutional investors (FIIs) were gross buyersof shares worth Rs 13,738.80 crore, while they sold equitiesvalued worth 10,000 crore, resulting in a net investment of Rs3,738.70 crore, as per the data available with capital market regulator SEBI.

FIIs poured in a record over Rs 83,400 crore in the domestic equities in 2009.

For the week ended Friday, FIIs were the net investor ofRs 4,417.90 crore in debt instruments, according to the databy Securities and Exchange Board of India (SEBI).

Interestingly, during the period under review (January4-8) the Bombay Stock Exchange benchmark Sensex grew by 0.43 per cent to close at 17,540.29 points.

Worth to mention, during the year 2009, stock market barometer Sensex registeredan impressive gain of over 81 per cent.

Last year's investment of Rs 83,400 crore by FIIs is thehighest inflow in the country in rupee terms in a single yearand came a year after overseas investors pulled out over Rs50,000 crore

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