FII’S GALORE

The Indian stock market indices are hot nowadays. these indices are regarded as the reflection of progress of growth in INDIA.The flow of foreign money into the stock markets continued unhindered in October with total inflows crossing $6.425 billion, the highest in a single month. This shows the magnitude of interest of foreign investment banks towards India.Till date, FII inflows in 2010 have touched $24.79 billion, fuelling to a large extent an almost 15 percent rally in the 30-scrip sensitive index (Sensex) of the  BSE, which ended Friday at 20,032.34 points , But we should also worry about the fact that the volatility of the market is largely controlled by foreign forces. is it good or we need more measures to reduce our dependency.

 

Advertisements

Leave a comment

Filed under News

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s