Overseas investors have pumped in a staggering $20.4 billion into the Indian market in the first half of the year, mainly on hopes of a stable and reform-oriented government at the Centre.
The net investments by foreign investors into equity markets stood at $9.96 billion (Rs.59,795 crore) during January-June 2014, while the same for debt markets was at $10.4 billion (Rs.62,834 crore), taking the total to $20.4 billion (Rs.1.23 lakh crore), latest data showed. Market analysts believe that foreign investors have been betting on the Indian market mainly on hopes of a stable and reforms-oriented government. The inflows are expected to surge further as the verdict met overseas investors' expectations in the Lok Sabha polls.
“Moreover, foreign investors continued their positive bias towards Indian markets after elections as well primarily on reforms-oriented decisions taken by the new government,“ an analyst said.
Foreign institutional investors (FIIs), the main driver of the equity market, have helped in pushing up the benchmark BSE sensex by over 20% in the first six months of the year.
The net investments by foreign investors into equity markets stood at $9.96 billion (Rs.59,795 crore) during January-June 2014, while the same for debt markets was at $10.4 billion (Rs.62,834 crore), taking the total to $20.4 billion (Rs.1.23 lakh crore), latest data showed. Market analysts believe that foreign investors have been betting on the Indian market mainly on hopes of a stable and reforms-oriented government. The inflows are expected to surge further as the verdict met overseas investors' expectations in the Lok Sabha polls.
“Moreover, foreign investors continued their positive bias towards Indian markets after elections as well primarily on reforms-oriented decisions taken by the new government,“ an analyst said.
Foreign institutional investors (FIIs), the main driver of the equity market, have helped in pushing up the benchmark BSE sensex by over 20% in the first six months of the year.
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