The
study does show how FII inflows turned outflows on the announcement of the
tapering programme of the Federal Reserve in May. However, a turnaround has
been witnessed in the equity segment in September and October (so far). FIIs
appear less keen on debt with the possibility of the tapering programme
affecting sentiment. The rupee has however firmed up after FIIs turned less
pessimistic and the actions of the government and RBI had their impact on the
forex market.
Media Desk | Corporate
Communications
CREDIT
ANALYSIS & RESEARCH LTD.
5thFloor,
503, Kaledonia, Sahar Road, Off Western Express Highway, Andheri (E), Mumbai -
69.
Tel:
- 022- 6144 3514 (Direct); 022 - 6144 3456 (Board); Fax:- 022-6754 3457 / 67
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.