Participatory Notes investors put in Rs 1.51 lakh cr in 2012

Rupee

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.

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