RBI has 558 tonnes gold; Indian public hold 20,000 tonnes
Valuation of foreign institutional investors' holdings in NSE-listed companies hit a six-year high at Rs 19.32 lakh crore in the January-March quarter, as per data collected by Prime Database.
The increase was driven largely by the optimism about reform measures taken by the government, according to market experts.
As per the report, the total value of FIIs' holding rose from Rs 18.3 lakh crore in October-December period of 2014 to Rs 19.32 lakh crore in the quarter ended March. During January-March 2014, value of FIIs' stake in NSE-listed companies was at Rs 12.34 lakh crore. In percentage terms though, FIIs ownership went down to 6.44 per cent in the quarter ending March 2015 from 6.54 per cent in the preceding three months.
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