At $18.73 billion in 2013 so far, purchases by overseas investors into Indian equities are the highest compared with other Asian emerging markets, a Financial Express report said. In 2012, FIIs’ net inflows in Indian markets stood at $24.54 billion.
Among other markets, Taiwan has seen highest net inflows after India at $8 billion. South Korea has seen net inflows of $4.5 billion. The report quoted Toral Munshi, head of India equity research, Credit Suisse Wealth Management as saying, “With macro-economic indicators improving, FIIs expect Indian economy to revive faster compared with Asian peers.”
The report further said that despite volatility, market experts feel, FIIs have identified value in Indian economy.
Read the complete FE report here