FII investments in Indian bourses cross Rs1,00,000-crore mark

Investments in the Indian stock market by foreign institutional investors (FIIs) have crossed Rs1,00,000 crore so far this financial year; and inflows are expected to increase further after the Bharatiya Janata Party's triumph in state assembly election results showed have brightened the chances of a BJP-led government at the next year.

FIIs, major participants in the Indian stock markets, were gross buyers of equities worth Rs7,46,334 crore and sellers of shares worth Rs6,45,757 crore till 6 December . This translates to a net inflow of Rs1,00,577 crore ($18 billion), according to the latest data from the Securities and Exchange Board of India.

Since FIIs entered India's capital markets in 1992-93, net inflows have exceeded Rs1,00,000 crore only in 2010 and 2012. Overseas investors had invested a net Rs1,28,360 crore in 2012, while in 2010, they made a record net investment of Rs1,33,266 crore.

Overseas investors started the year on a positive note and continued their positive bias till May.

However, the pace of investment slowed down later.

Of the total net inflow, close to Rs37,000 crore came in the last three months, following the measures taken by the Reserve Bank of India (RBI) to boost the weakening rupee and revive economic growth.

However, overseas investors have pulled out a net Rs55,075 crore from the debt market so far this year.