DOES THE STOCK MARKET RISE OR FALL DUE TO FIIS IN INDIA?

Abstract

The growing participation of FIIs in Indian stock market has raised eyebrows of many Indians. Their influence on stock markets in India has been widely debated and remained a hot topic in media. This paper examines the relationship between Indian stock market and FIIs investment in India and finds that both, Indian stock market and FIIs influence each other; however, their timing of influence is different.