Mumbai: The gush of cheap foreign money into Indian stocks has hit Rs 1.98 lakh crore in the fiscal year through December 15 — a level not seen in any fiscal year to date since FY93 — and could continue amid record low interest rates and easy liquidity in developed markets. The top 5 sectors which have accounted for a significant chunk of FII/FPI flows are banks (almost a fifth), household and personal products, capital goods, oil and gas and other financial services, including NBFCs, HFCs, AMCs (see chart). In dollar terms too, the investments are at a record level.
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Sunday, December 20, 2020
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Orai is a city and a municipal board in Jalaun district in the Indian state of Uttar Pradesh. It is the district headquarters for Jalaun District.
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