Indian markets outpace EM peers

The Indian equity market has outperformed its emerging market (EM) peers over the past one month on the back of strong inflows from foreign institutional investors (FIIs). The BSE benchmark, the Sensex, has gained more than 6% in dollar terms, with FIIs pumping in $2.4 billion over the last 25 sessions beginning February 12. Experts feel the general elections (April 7-May 12), coupled with improving macro-economic indicators, have made India more attractive as compared to its peers.

Read Full Story>>