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FIIs stage comeback in August

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Rajesh Abraham Mumbai
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

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First Published: Aug 11 2006 | 9:41 AM IST

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