Market experts believe that the positive global cues along with lowering food inflation numbers help improve investor confidence in the market for a week
Mumbai: Foreign Investors have pumped nearly 500 crore to Rs6, India market, including stocks and bonds, in the first week of the new year, reports PTI.
Between 2 and 6 January, foreign institutional investors (FIIs) purchased the equity and debt securities worth some Rs15 crore gross, 168.
However, they also sell stocks and bonds worth Rs8, 674 crore in the same period, translate into a net investment of 475 crore to Rs6, period, according to information provided by the Securities and Exchange Board of India (SEBI).
Market experts believe that the positive global cues along with lowering food inflation numbers help improve investor confidence in the market for a week.