FIIs net investments for 9 months cross $ 4.7 bn Sunday, October 3 2004 15:40 Hrs (IST)
Mumbai:
Foreign institutional investors (FIIs) have pumped in over $ 4.73 billion in the Indian capital markets for nine months ending September in 2004.
Their net inflows during September in equities at Rs 2,385.60 crore ($ 515.10 million) crore. FIIs made net investments in debt of Rs 189.20 crore ($ 41.2 million).
They were net buyers in market (equity and debt) at Rs 2,575.30 crore ($ 556.30 million).
The mutual funds netted sales of Rs 167.42 crore in equities in the month of September. They were active in debt segment and made net purchases of Rs 1,198.49 crore during the period under review, according to the data available with Securities and Exchange Board of India (SEBI) in Mumbai.
FIIs were net buyers in equities for 20 trading days and registered their highest net inflows of the months at Rs 481.10 crore on September 20.
The foreign funds were net buyers in debt market for nine trading days but did not trade in debt instruments on 10 days.
MFs were net sellers in equities for 11 days in September and were net buyers in shares on nine days. They netted outflows of Rs 77.81 crore and Rs 68.23 crore on September 8 and 3 respectively.
The mutual funds were net buyers in debt instruments for 15 trading days and recorded net purchases of Rs 134.11 crore on September 14 and Rs 66.13 crore on September 28.