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India Vs Emerging Markets

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N Mahalakshmi BUSINESS STANDARD

More FII money will flow into the emerging markets this year. Will India see a larger share of this than before?

The Sensex has rallied 16 per cent since May on the back of strong buying by foreign institutional investors (FIIs). If you thought that's reason enough to celebrate, take a look at this before you cheer.

Year to date, the Morgan Stanley Capital International India Index, against which FIIs benchmark their performance, has gone nowhere

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First Published: Jun 23 2003 | 12:00 AM IST

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