FIIs stage comeback in August |
Rajesh Abraham / Mumbai August 11, 2006 |
Foreign institutional investors (FIIs), which pulled out over $1.63 billion from Indian equity markets in May, seem to be making a comeback. India has attracted more foreign money compared to other emerging markets such as South Korea, Taiwan, Indonesia, Thailand, and Philippines in the last fortnight. In the cash segment alone, FIIs have pumped in $220.90 million in the first eight trading sessions in August. This almost equals the net FII investment in July |