Abstract
The present study has been undertaken to analyze the trend of the Indian stock market and the investment pattern of FIIs and DIIs. The researcher collected data related to points of SENSEX and NIFTY, Gross purchase, and gross sales of FIIs and DIIs in the Indian stock market for the period of 8 years from 2007-08 to 2014-15. The study used mean, standard deviation, Coefficient variation, trend analysis, and CAGR as statistical tools. The study evidenced that during the study period, the Indian stock market had grown well except during 2008-09 and 2011-12, during these years both SENSEX and Nifty went down over the previous year. The decrease was severe during 2008-09 due to the global financial crisis, which hit all economies of the world adversely. The study also found high fluctuation in net investments of FIIs during the study period. During the years 2007-08 and 2008-09 (crisis year) net investment of FII was negative, on the other hand during the years net investment of DIIs was positive and comparatively higher than in other years. During other years FIIs' net investments were positive, whereas net investments of DIIs were negative during 2010-11 and the last three years of the study period.
Key Words: Stock market, SENSEX, Nifty, FII, DII and net investment.
Reference
- Karan Walia et al (2012), Impact of Foreign Institutional Investment on Stock Market, International Journal of Computing and Corporate Research, Vol.2, No.5, pp.1-15.
- Vikramaditya Ghosh and. Padma Srinivasan (2014), An Analytical Study to Identify the Dependence of BSE 100 on FII and DII Activity (Study Period from September 2007 to October 2013), International Journal of Business and Management Invention, Vol.3, No.8, pp.12-16.
- www.bseindia.com
- www.nseindia.com
- www.sebi.gov.in