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Foreign Inflows At A Decade-High In August

FIIs have bought a net $6.3 billion worth of Indian stocks in August.

An employee counts a stack of U.S. 100 dollar banknotes. (Photographer: Paul Yeung/Bloomberg)
An employee counts a stack of U.S. 100 dollar banknotes. (Photographer: Paul Yeung/Bloomberg)
Overseas investments into India stocks rose to the highest in nearly a decade on account of a surge in liquidity.Foreign institutional investors have bought a net $6.3 billion worth of Indian stocks in August, according to data available on the website of National Securities Depository Ltd. That's the highest since October 2010 when such inflows touched a record of $6.4 billion.“The continued liquidity flows from developed markets wi...
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