(Ravi Krishnan – Livemint/WSJ)
A number of factors suggest that foreign inflows may not be quite so robust in the near future
India has attracted the maximum amount of foreign institutional inflows among countries in the Asia Pacific region so far this year. But a number of factors suggest that foreign inflows may not be quite so robust in the near future.
The purchase of local stocks by foreign institutional investors (FIIs) has fallen in the past month. Net inflows have totalled about $700 million so far in August compared with fund injections of close to $2 billion in each of the previous two months. Read more here.