Sensex posts strongest gain in four years, rises 18.9% in FY14

BSE’s benchmark Sensex rose 18.9% in the year ended 31 March, the most in four years, with share sales by domestic institutional investors aggregating around one-fifth less than it did last year, thereby offsetting a drop in foreign portfolio investments. Sensex, Nifty hit record high; mark best month since Oct

BSE’s benchmark Sensex rose 18.9% in the year ended 31 March, the most in four years, with share sales by domestic institutional investors aggregating around one-fifth less than it did last year, thereby offsetting a drop in foreign portfolio investments.

The strong performance across market indices came despite a drop in foreign institutional investors’ (FIIs’) inflows, which declined 47% from the previous fiscal year to $13.4 billion. Read more

Read: Sensex, Nifty hit record high; mark best month since Oct