Participatory Notes investors put in Rs 1.51 lakh cr in 2012
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FIIs, the key driver of Indian markets, poured in USD 24.4 billion into Indian equities in 2012, about USD 5 billion below from the record purchases two years ago.
P-notes have been accounting for about 15-20 per cent of
total FII holdings in India since 2009, lower than 25-40 per cent of such holdings in 2008.
It was as high as over 50 per cent at the peak of Indian stock market bull run during a few months of 2007.