Economic TimesLean R·
FIIs pour over $1 billion into Indian stocks
Foreign investors poured more than $1 billion into Indian equities last week, with Goldman Sachs Group Inc. predicting further inflows as a stable currency and improved earnings expectations prompt funds to add to their holdings.Global funds were net buyers of $1.3 billion of Indian equities in the four days through July 9, set to be the biggest weekly purchase since at least June last year, according to data compiled by Bloomberg. They bought an additional $272 million worth of local shares on…
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