Business Standard

NSE corners 80% share in FII inflows into equities

According to the experts, the high FII inflows and positive returns in the markets in the last financial year were mainly driven by stability at the Centre and a strong push by the govt on economic reforms

Press Trust of India New Delhi
With FII inflows hitting a record high in the last fiscal, leading stock exchange NSE has cornered more than 80 per cent market share in the overall inflows from foreign investors into equities.

The overseas investment inflow into the Indian markets during the financial year ended March 31, 2015 was the highest ever, although there have been outflows in recent weeks.

According to the NSDL data, FPI inflows were to the tune of Rs 2,77,461 crore for debt and equity together from April 2014 to March 2015.

Out of this, the FII inflow figure for the equities was the second highest ever to the tune of Rs 1,11,333 crore. In equity inflows from FIIs, NSE alone accounted for over 80 per cent market share.

 
According to the experts, the high FII inflows and positive returns in the markets in the last financial year were mainly driven by stability at the Centre and a strong push by the government on economic reforms.

There has been significant growth in volumes across products and segments in the last financial year.

On the NSE, the daily average turnover in the cash market has increased by 53 per cent from Rs 11,856 crore a year ago to Rs 18,205 crore between mid-May 2014 and mid-May 2015. The retail participation also grew by 18 per cent.

The last fiscal also saw six IPOs in the equity market, which collectively raised more than Rs 1,300 crore.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 17 2015 | 2:22 PM IST

Explore News