July 18, 2011 12:46 PM

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Overseas investors poured in nearly Rs 8,000 cr in domestic stock

Overseas investors poured in nearly 8,000 crore rupees or around 2 billion Dollars in the domestic stock and debt markets so far this month. Foreign institutional investors (FIIs) purchased equities and debt securities worth a gross amount of 43,994 crore rupees so far this month. Market analysts feel that the positive trend will continue in the coming months as well. According to the experts, investors are coming back due to decline in inflation and crude oil prices. Investors had shunned the stocks markets in emerging countries such as India in the first half of this year as these countries battled inflation. Besides, high interest rate was also considered as a risk to these countries. The number of FIIs registered with the Security and Exchange Board of India, SEBI marginally rose from 1,718 as of on 31st December 2010, to 1,728 as of July this year.

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