New Delhi: Showing their faith on the Indian economy, overseas funds infused a whopping $6.11 billion in October, the highest amount brought in any single month by the FIIs since they were allowed for investment in local stocks.
With an investment of $6.11 billion in just 25 days in October, the total inflows of foreign institutional investors (FIIs) so far in 2010 has crossed $24.48 billion-mark that is also a record investment came in a single calender year.
According to the country's top fund house - Reliance Mutual Fund - this fund inflows into India is likely to go up further in the coming days, as FIIs see better growth opportunities here compared to the other markets.
With an investment of $6.11 billion in just 25 days in October, the total inflows of foreign institutional investors (FIIs) so far in 2010 has crossed $24.48 billion-mark that is also a record investment came in a single calender year.
According to the country's top fund house - Reliance Mutual Fund - this fund inflows into India is likely to go up further in the coming days, as FIIs see better growth opportunities here compared to the other markets.
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