The INR 1 Trillion Mark (~$25 billion in FDI/FII Inflows)

Wednesday, October 27, 2010

India has done it again. With April to September mirroring the First quarter of the Calendar year, and another          Rs 25000 Crores adding in the magical month of October even before the series is out, we have reached a stage where a much awaited ( 20 years to the day) benchmark for portfolio nflows has finally been shattered. Hopefully this will continue to translate into FDI flows as investors usually follow the liquidity traders if the story is good and finally the India story has cleared the hurdle mark for its weightages to go up in foreign folios and for Walmart and global giants like Goldman Sachs to not take it lightly on the ground as an investment destination. 

The year is still bullish after the current festive profit booking season releases its energies. It is apparent that the Indianmarkets are more comfortable this time around with FII profit booking as the story of this mini peak of 20,000 is no longer the mega boom stroy from 2007 that caused the collapse globally. The denominator is higher now and people are buying despite the daily hiccups caused by a trenchant market not used to such volatility caused by directional trades even as others exit after a year long profit for handsome 200-300% profit (http:///next.advantages.us) setting up unequal fights between bullish investors and unwinding traders

 

Posted via email from The investment blog on Post

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