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FIIs flooding back into Indian stock market
Between March 12 and June 9, FIIs made net investments of $7.2 billion (Rs 35,039 crore), against a net outflow of $1.8 billion (Rs 9,118 crore) till March 9. The Bombay Stock Exchange (BSE) Sensex has appreciated 89 per cent from 8,160.40 on March 9. It closed at 15,411.47 On Thursday.
After pulling out a record $13.1 billion (Rs 52,987 crore) from the Indian stock markets in 2008, which saw the Sensex plunging 51 per cent, FIIs turned net buyers during the last week of March
