Foreign institutional investors ( FIIs ) pumped Rs 55,703 crore into domestic equities during the financial year ended March 31, 2017 against a net outflow of Rs 14,172 crore during FY16.However, FIIs ended the second consecutive financial year as net sellers in the debt segment with net outflow of Rs 7,292 crore in FY17.Their net inflow into equities in March 2017 stood at Rs 30,906 crore against Rs 9,902 crore inflow in February 2017.Anand Rathi Research in a note said, “FDI and FII inflows are likely to increase due to an improvement in the economic fundamentals. This would continue to strengthen the exchange rate.”The BSE Sensex advanced over 150 points in morning trade on Monday and the Nifty50 scaled a record high in early trade on widespread buying, triggered by a firm trend in Asian markets.On the first trading day of the new quarter and new financial year, the 30-share Sensex rose 167.97 points, or 0.57 per cent, to 29,788 in the first hour of trade, with auto , banking, oil and gas, consumer durables and capital goods indices advancing up to 0.71 per cent.In the Nifty50 index, RIL (up 3.71 per cent), L&T (up 3.29 per cent), GAIL (up 2.31 per cent), Ambuja Cements (up 1.84 per cent), ACC (up 1.54 per cent), UltraTech Cement (up 1.37 per cent), HDFC (up 1.34 per cent), ICICI Bank (up 1.12 per cent) and Tata Steel (up 0.99 per cent) were among the top gainers, while Bharti Airtel (down 2.90 per cent), Wipro (down 1.85 per cent), Bharti Infratel (down 1.49 per cent), Infosys (down 1.30 per cent), HCL Tech (down 1.25 per cent), IndusInd Bank (down 1.24 per cent), BPCL (down 1.12 per cent), Tech Mahindra (down 0.99 per cent) and Bajaj Auto (down 0.94 per cent) were trading in red around 11.25 am (IST).