Continuing to bet on the reforms agenda of the government, overseas investors have pumped in over 22,000 crore rupees in the Indian markets this month.PTI reports quoting latest data that the net investments by foreign investors in equity market stood at 10,755 crore till yesterday, while for the debt market it was at 11,268 crore rupees.Market analysts believe that foreign investors have been betting on the Indian market mainly on reform agenda of the new government at the Centre.US financial services major Morgan Stanley said in anote that the investment push in the Budget 2014-15 together with higher FDI limits in insurance and defence and steps to ease taxation should augur well.
News On AIR | July 20, 2014 12:02 PM
Overseas investors pump in Rs 22000 crore this month