Foreign Institutional Investors (FIIs) in the month of December had pumped in more than 24000 crore rupees in the Indian stock market which is said to be the highest in 10 months timeline taking total FII inflow for the year 2012 to over 24 billion dollars.
As per the SEBI Data, In December, 2012 Foreign Institutional Investors (FIIs) were gross buyers of shares worth Rs 71595 crore rupees while they sold equities amounting to 47412 crore rupees. This translates into a net inflow of 24183 crore rupees or around.4.42 billion dollar.
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