| Currently, little about India looks promising. Foreign institutional investors (FIIs) have invested $11.26 billion in Indian equities since January. Even as they sell in other Asian markets, large global funds are continuing to invest in Indian equities.
Almost half the flows seem to have come from ‘other’, that is, unexplained sources comprising sovereign wealth funds, sector funds, hedge funds, etc. This could lend credence to the oft-repeated conspiracy theory that a lot of FII flow into India is, in reality, Indian money disguised as FII money.”..............................................Full Article: Source
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