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FIIs pump in Rs 483.3 crore on Tuesday 

Our Markets Bureau  
Mumbai, March 14: Even as the BSE Sensex plunged by 227 points on March 13, FIIs have made net investments of Rs 483.4 crore taking total inflows beyond Rs 7,000-crore mark for the year as on March 13, 2001. Net inflows by FIIs for the year as on March 13, 2001 was Rs 7,186 crore.

According to the data provided by Sebi, FIIs have made net purchases of Rs 493.3 crore in equities, while there was a net outflow in the debt market to the tune of Rs 9.9 crore on Tuesday. This is contrary to the general perception yesterday that FIIs were shy of further investing in India in the wake of fears over stability of rupee. Undeterred by the upheaval in the market since March 2, FIIs have been aggressively buying in the market. The total inflows by FIIs after the budget for the month till March 13, 2001, has reached Rs 1,049.6 crore.

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