Stocks Reached All Time High owing To FII Investments

FIIs Investment Makes Stock To Reach All Time High

• Foreign institutional investors (FIIs) Investment made stocks to soar in BSE and NSE.
• This was due to narrowing down of current account deficit (CAD), rupee appreciation against the dollar from earlier 61.75 to 61.11 at present.
• BSE-100 was up by 1.27% and Nifty by 1.15%
• FIIs have invested nearly $ 484.2 million in equities in the present quarter.

Exams Perspective

1. Stock Market
2. FIIs
3. Current Account Deficit (CAD)
4. Appreciation and Depreciation of Money