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FII inflows increase in 2010

2 December 2010: The overseas funds have reportedly infused a staggering $4.78 billion in the capital market in November 2010, taking the year-to-date total to $39 billion.

With an investment of $4.78 billion in November 2010, the total inflows of foreign institutional investors (FIIs) so far in 2010 have crossed the record $38.76-billion mark.

According to data available with SEBI, FIIs have made investments worth $4.11 billion in equities and poured $667.71 million into the debt market. According to analysts, FIIs have been pumping funds into emerging markets like India because of growth potential.

Source: Times of India