Are FIIs really smart?

FII holdings has reduced 7% between Jan-Sep 2008 (from 38% of free-float to 35%); however the value of their holding has reduced 70% most of which is explained by the 50% market fall and 20% INR depreciation.

FIIs had put in almost $67bn in Indian equities during 1993-2007. They have sold $12bn YTD and current worth of their remaining holding is ~$80bn (this was $244bn in Jan’08).

An analysis says “FII have lost USD 170bn in CY08”

Can’t believe it?

Well, here are the reports!

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One Response to Are FIIs really smart?

  1. Pingback: Are FIIs really smart? Part 2 | Value-Stock-Plus

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