In the same period, FIIs cumulatively pumped in a net of $204.23 billion in Indian debt and equity market. Data from Bloomberg suggests that South Korea and Taiwan equity markets attracted more flows in July than India. Mumbai: Indian stock markets continued to feature among the sought-after bets in Asia ex-Japan and emerging markets space, as foreign institutional investors (FIIs) pumped in $1.3 billion in July in the country’s equity market, the highest in four months. “The quantum of flows into a market depends upon a combination of global and domestic factors and as such flows into markets vary. “When looking at all emerging markets, including commodity producers, I consider India quite a defensive market which should outperform during uncertain times.

Source: Mint August 01, 2016 06:00 UTC