FII investments top Rs 30,000 crore

 Total net FII investments for 2003 to date is at Rs 30,301 crore. In dollar terms, this amounts to $6.523 billion, data released by the Securities and Exchange Board of India today show.

 Indeed, FIIs have pumped in a record Rs 755.3 crore in the first trading day of December alone. Of this, Rs 563.4 crore has gone into the equity markets while Rs 191.9 crore went into the debt markets. They were net buyers at Rs 286 crore in the equities market on 2 December also.

 As matters stand today, FIIs have put in more than one-third of their total investments since they were allowed to bring in investments in 1992.

 Their total investments in all these years stands at Rs 89,250 crore of which Rs 30,301 crore have came in the current calendar year itself.

 FIIs have been on a buying spree since April this year, on the back of attractive valuations of Indian stocks, a resurgent economy and a fundamental re-rating of the emerging markets.

 Analysts said the