Indian equities attract maximum FII money in Asia since Jan'12

Indian equities have attracted more foreign institutional flows than any other Asian market so far in 2012 as portfolio investments resumed in July on renewed hopes of policy action by the government to revive the economic growth. Foreign funds have poured close to $11 billion (Rs 55,000 crore) into Indian equities so far this year with the second highest being South Korea, which clocked flows worth $6.3 billion (Rs 31,500 crore) since January.

Read Full Story>>