FII stock markets crosses 11 billion dollars
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Foreign investment in Indian stock markets has crossed 11 billion dollars so far this year. Market analysts expect the inflows will continue amid hopes of government's initiatives on policy reforms.
Securities and Exchange Board of India says, the bulk of 1.02 billion Dollars came this month. Analysts say, despite a slow economic growth, high interest rate regime and weak monsoon, overseas investors are showcasing confidence in the Indian stock markets expectating government's fresh initiatives on policy reforms.
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