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Mumbai:
Foreign institutional investors and domestic fund
houses are again active in the stock market with their
total investment crossing $10 billion so far in 2006.
Total investments by foreign institutional investors
in domestic mutual funds totalled $10.4 billion (nearly
Rs47,000 crore) since the beginning of this year, with
FIIs alone accounting for more than $7 billion.
Net purchase of equity shares by mutual funds has crossed
$3 billion (about Rs14,515 crore), according to data
available with the Securities and Exchange Board of
India.
FIIs
have purchased shares worth a net of Rs32,308 crore
so far this year, which is marginally lower than about
Rs35,000 crore purchased in the corresponding period
last year.
FIIs
had made a record investment of over $10 billion (Rs47,181
crore) in the entire 2005.
Both
mutual funds and FIIs have been actively trading in
the market since the beginning of this year, taking
their total turnover to about Rs958,000 crore (over
$212 billion).
FIIs
have purchased shares worth about Rs390,000 crore and
sold shares worth about Rs357000 crore so far in 2006.
Mutual funds, on the other hand, have made gross purchase
of over | 
