Impact of FIIs on Indian Stock Market with Special Reference to BSE and NSE Index

This paper examines the impact of FIIs on Indian Stock Market with special reference to BSE and NSE index. The data has been taken from various sources such as BSE, NSE, SEBI reports etc. The twelve-year data of BSE and NSE index average is considered for the period i.e., 2005 – 06 to 2016 – 17. The variable which is taken into account is FIIs purchase, FIIs sales, and FIIs Net investment. The impact of these variables on BSE and NSE index are studied in this paper. The Average SENSEX and average of NIFTY 50 index for the period of 12 years are taken in the present study. The analysis also finds that movements in the Indian Stock Market are fairly explained by the FIIs.