BUSINESS

Rediff.com » Business

Stock market's foreign affair may be over
By Veena Venugopal in Mumbai
May 29, 2006
Foreign institutional investors have turned net sellers of equity worth over Rs 9,902 crore (Rs 99.02 billion) in the last two weeks, signifying one of the biggest phases of unwinding positions in the Indian market.

While

the flight of money away from Indian bourses has been attributed to reasons like global restructuring of portfolios by these players, the fact remains that India is losing more money than most other emerging markets.
Veena Venugopal in Mumbai
Source:
© 2024 Rediff.com