FII inflows in September surge to 4-month high of $1.04 billion3 min read 30 Sep 2019, 11:16 PM IST
Net buying by FIIs in Indian equities follows a sell-off to the tune of $4.13 bn in July, August
The dovish signal on rates and liquidity by central banks halted the outflows from EMs, say analysts
India seems to be back in favour among foreign investors with the government announcing fiscal stimulus measures to boost market confidence. After aggressive selling in the previous months, foreign institutional investors (FIIs) have bought Indian shares worth $1.04 billion in September, the highest monthly inflow since May.
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