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FIIs pumped inRs 662 crore into equities last week 

 
Mumbai, Aug 13: Foreign institutional investors (FII) have pumped in Rs 661.8 crore ($147.8 million) into equities market during the week ended August 10, reversing the negative trend in their investments witnessed for over a month.

After a long spell of being net sellers, FIIs turned net buyers with net investments of Rs 2.7 crore ($0.5 mn), during the previous week ended August 3.However, FIIs, who have maintained distance from the debt market during the week ended August 3, reported unwinding of positions to the tune of Rs 36.9 crore ($8.2 mn), bringing down their total investments in the country during latest week to Rs 624.9 crore ($139.6 mn), according to data provided by the Securities and Exchange Board of India (SEBI).

During the week ended August 10, the Sensex has seen a marginal rise of 45.6 points to touch 4253.23 points. Mutual funds have made Rs 32.26 crore of net purchases in the equities during the latest week against pulling out Rs 165.81 crore in equities and net buying of Rs 278.34 crore in debt market the previous week.

Total FII investments in the country til August 10 were at Rs 631.3 crore ($141 mn), representing net buying in equities of Rs 668.2 crore ($49.2 mn) and net sale of Rs 36.9 crore ($8.2 mn) in debt market.Total FII investments during 2000 till August 10 were at Rs 5613.5 crore ($1292.3 mn), while their investments since 1993, when they were first allowed to invest in the Indian capital markets, were at Rs 41,081.3 crore ($11.50 bn).

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