crore mark and analysts are optimistic about the next year.
Moreover, FIIs were also seen pouring money in the debt market and infused Rs 33,777 crore (USD 6.4 billion) during the year in the segment.
Since opening up of Indian markets for FIIs in 1992, they have made a cumulative net investment of Rs 5.67 lakh crore (USD 125 billion) in shares and Rs 1.55 lakh crore (USD 32 billion) in the debt segment.
After a disastrous 2011, FIIs began 2012 on a positive note and infused more than Rs 36,000 crore in the first two months, as the Reserve Bank paused in rate hikes that improved liquidity position .
But foreign investors turned negative after government's anti-tax avoidance rule (GAAR) proposal announced early this year that led to continued outflow till June.
Market experts attributed the outflow to a host of factors including the GAAR proposal and ratings agency S&P's move to lower India's outlook to negative from stable, citing slow progress on its fiscal situation and deteriorating economic situation.
Overseas investors once again started pouring funds in the stock market in July and the pace of inflows increased in September after a slew of reforms initiated by the
government. These measures made it easier for foreign companies to invest in aviation, broadcast and retail companies.
According to investment banking major Morgan Stanley, FIIs have preferred bigger stocks as their aggregate holding in the country's top 75 companies rose to a six-year high level of 21.6 per cent in the July-September quarter.
Positive measures taken by the government also helped attract FIIs, which in turn helped the market benchmark Sensex soar by about 25 percent in 2012.
Asked about the new year, Bandhopadhyay said, "The situation seems to be more promising on the international front compared to the domestic. European market is stabilising and the global energy prices seems to be going in favour of countries which import oil including India."
"However, there are concerns on the domestic side-- economic growth has been now growing at sub six per cent for the last two-three quarters, inflation has been hovering
above seven per cent for quite a while and fiscal and