The cumulative net investment by foreign funds in Indian equities surpassed $100 billion on Wednesday, according to data available with market watch dog Securities and Exchange Board of India. Sebi has been keeping account of buying and selling of shares by FIIs in Indian stock markets since November 1992. On 10 November, total net investment by FIIs in Sebi’s books was $101.25 billion. Incidentally, foreign funds exceeded their past records of investment in the current 2010 calendar year. FIIs till 10 November had invested $28.64 billion this year of which about $10 billion came since September.
- Silvio Berlusconi’s Media Empire on the Milan Stock Market
- Russia’s stock market trades on a hefty discount