Monday, February 4, 2013

FIIs on buying mode



     Indian share market is witnessing an unprecedented buying interest from foreign institutionalized investors (FIIs) nowadays and during the span of last one month, January 2013, they have invested as much as Rs 22000 Cr, as per the estimation of security exchange board of India (SEBI). 

     It is observed that, the decision of central government to postpone imposing of GAAR, the rule which prevents tax evaders from foreign investment, helped to attract more FIIs to Indian market.

     Lately, the hints of gradual decrease in the reserve bank interest rate also helped to increase the foreign investments.
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