Record Rs83,424 crore FII inflows surpass Rs71,486 crore peak of 2007

During the December quarter, the Indian stock markets witnessed a net inflow of Rs24,800 crore from overseas investors during the December quarter of the current fiscal.

In the month of December the highest inflow of Rs10,233.1 crore of foreign investment was registered with November registering the second highest at Rs5,497 crore for the quarter under review.

Interestingly, during 2009, while the stock market barometer Sensex grew 81 per cent, during the December quarter the index grew only 1.97 per cent.

According to available data with SEBI, during the quarter under consideration, FIIs infused a net Rs6,050 crore in debt instruments.

Analysts cay FIIs flocked back to India after their flight last year, pouring a a record Rs83,424 crore in domestic equities during the year just ended.

They say FII inflows into the economy would continue to remain strong.