Overseas investors have made net investments of USD 1.2 billion in the Indian equity market during the first week of the month, taking the total for 2012 so far to a whopping USD 21 billion.
During December 3-7, Foreign Institutional Investors (FIIs) were gross buyers of shares worth Rs 20,314 crore and sellers of equities worth Rs 14,167 crore -- translating into a net inflow of Rs 6,147 crore (USD 1.2 billion), according to Sebi data.
This takes the net investment by FIIs to USD 20.9 billion so far in 2012, making it as the second highest net inflow by in a single calendar year since their entry into Indian
capital markets in 1992.
In 2010, overseas investors had made net investments of about USD 29 billion (about Rs 1,33,266 crore).
FIIs, a major participant in Indian stock market, had pulled out USD 358 million (Rs 2,714 crore) in 2011.
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