Biggest bull run of FII in India in 2007

Foreign Institutional Investors (FII) are very bullish on India. The amount of FII money inflow in the first half of FY07-08 itself broke earlier records. According to an estimate available on Reserve Bank of India's (RBI) website the net FII inflow during April 2007 to September 2007 was a whopping $15.5 billion. This itself was enough to break previous records but the inflow trend is still continuing. The stock markets have witnessed a bumper rally because of this extra money from outside coming into the markets and the BSE-30 index, Sensex, has given returns in excess of 50% in last one year.