The Hindu Business Line : Blackstone among 13 FIIs registered with SEBI in last one month

EVEN though foreign institutional investors (FIIs) were net sellers in the domestic equity markets in October 2005, their interest in the country's bourses has far from waned.

Last month, 13 new FIIs, including the leading international private equity investor Blackstone, have registered with the Securities and Exchange Board of India (SEBI).

With these new entrants, the number of FIIs registered with SEBI has increased to 806 as on November 3. Of this, 166 received SEBI registration this year. The new FIIs are from the US, the UK, Norway, Kuwait, Malaysia and Singapore.

Most of the FIIs, which have come to India this year, are mainly pension or retirement funds who are normally long-term investors and do not pull out very soon, said an analyst.

Brokers said the increase in number of FIIs shows the continued interest of foreign investors.

In October, FIIs were net sellers in equity to the tune of Rs 3,694 crore. But during the year so far, they were net buyers in equity worth Rs 34,094 crore ($7.81 billion).

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
A `little Japan' in Tamil Nadu — Township for Japanese investors planned

AP to appeal against HC ruling on quota

Sensex up 134 points; crosses 8,200-mark — Rupee loses further against dollar

Natwar Singh relieved of External Affairs portfolio

Holland, Germany fear `spill-over' of race riots in France

ELS cotton prices flare up on short supply

MS India enters lifecycle mgmt with Visual Studio

Tally offers free insurance cover for small businesses

Rakesh Jhunjhunwala is Aptech Chairman

Blackstone among 13 FIIs registered with SEBI in last one month

Sharp rise in banks' lending to infrastructure sector

Oracle gains 400 more clients — Claims 80 pc market pie of core banking applications