Attention Economy


Friday, October 15, 2010

Foreign Portfolio Investment in Emerging Markets - Indian Example

Foreign Investors Pile into Indian Stocks
According to the NYTIMES article:
“With an economic growth rate of nearly 9 percent and a stock market that is more open to foreign investors than mainland China’s, India has become a destination of choice for financial investors. In the first nine months of the year, foreigners invested $28.5 billion in Indian stocks and bonds — more than twice what they invested in the comparable period of 2009.”