Published Paper Details:

Indian economy is opened up for foreign investment post liberalization in 1991. This enabled capital flow and increase in foreign exchange reserves. India opened her doors to Foreign Institutional Investors in September 1992. This event represents a landmark event since it resulted in effectively globalizing its financial services industry. The recent massive structural reforms on the economic and industry front in the form of de-licensing rupee convertibility, tapping of foreign funds, allowing foreign investors to come to India, have resulted, on one hand, in the quantum leap in activities/volume in the Indian capital market, and on the other hand and more importantly, that the Indian capital market has undergone a metamorphosis in terms of institutions, instruments, etc. The Indian capital market is emerging and growing since the last 20 years. It has witnessed growth in volume of funds raised. The paper makes an attempt to develop an understanding of the dynamics of the trading behavior of FIIs.