New Delhi: Net foreign institutional investor (FII) inflows crossed the US$ 20 billion mark on October 5, 2010, surpassing the US$ 17.7 billion high recorded in 2007, according to the Securities and Exchange Board of India (SEBI) data.
Significantly the data illustrated that while the bulk of the inflows—US$ 15.3 billion—came through the secondary market route, US$ 5 billion was invested in the country through initial public offerings (IPO), qualified institutional placement (QIP), rights offers and other equity issuances by Indian companies to foreigners.
Additionally, the net FII inflows in the debt segment also crossed the US$ 10 billion mark on October 5, 2010, as per SEBI data, which was also reported as a new yearly high. putting up a new high figure. The global investors increasingly believe in the India’s growth story.
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