FII inflows hit $2 billion in Dec so far

Overseas investors poured in $2 billion in the Indian capital markets this month so far, taking total inflows to a staggering $42 billion since January this year.

The net investment by foreign investors into equities stood at $116 million (Rs 553 crore) during December 1-26, while total inflows in the debt market in the same period were $1.94 billion (Rs 12,065 crore), as per the latest data.

Market analysts say that FIIs or Foreign Institutional Investors, which got re-christened as FPIs, or Foreign Portfolio Investors, have been betting on the Indian markets, mainly on account of the 

reforms agenda of the government.