Foreign investment highest ever in dollar terms in a single calendar year.
Foreign institutional investors (FIIs) have poured about $18 billion (Rs 81,880 crore) in Indian stocks so far this year, their highest investment in dollar terms in a calendar year.
FIIs’ net purchase were worth $17.89 billion in this year till Friday, according to data available on the Securities and Exchange Board of India (Sebi) website. Provisional data on the Bombay Stock Exchange (BSE) website shows they net-bought shares worth Rs 1,136.8 crore ($252 million) in the Indian market on Monday. This brings the year’s total to $18.13 billion (Rs 82,360 crore).
See the full article in Business Standard.