Mecklai graph of the day: Historical FII flows
As seen in the below statistics we have witnessed noteworthy FIIs flow pouring to the equity markets during 2nd half of the calendar year since 2003 the exception being 2011. The flows have always been higher than what is witnessed in the first half. In 2011, the equity index has declined by nearly 26 percent due to inflation soaring to double digit which led the central bank to hike interest rates from 6.25% to 8.25%, thus impacting markets and investor sentiment. We have seen huge FIIs flows worth USD14 billion entering into the market during first half of 2013 pushing Sensex & Nifty to 3 year high, almost close to record high which it had tested in 2010. The inflows are largely attributed to ongoing easing policy by the global central banks in developed regions thus supporting investors sentiment as well as the Indian currency which was fairly strong and at 52.32. The flight of money from the debt market in the month of June has had a massive impact with the rupee hitting all time low at 60, depreciating by 10 percent since May 2013 that has been worrisome for the Indian Government. Now, if history repeats itself and inflows are yet again diverted back to Indian markets in the second half (Which looks difficult under the present circumstances with FED in an unwinding mood) which could be on account of global sentiment, policy reforms in domestic market takes place and we see a pre-election rally as perceived it could be savior for Indian Rupee. All the below figures are in USD $ Million and represent the Indian FII equity inflows since 2003.| Month | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | Total |
| Jan-Jun | 120 | 844 | 450 | 31 | -207 | -679 | 81 | 939 | 455 | 8,516 | 14,051 | 24,602 |
| Jul-Dec | 295 | 534 | 501 | 615 | 3,015 | 371 | 815 | 24,689 | -839 | 16,009 | - | 46,005 |
| CY Total | 415 | 1,378 | 951 | 646 | 2,808 | -308 | 896 | 25,628 | -384 | 24,526 | 14,051 | 70,607 |
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