Since 1st Dec.'10 FIIs (Foreign Institutional Investors) have sold equity worth Rs 8600 crs. During the same period NSE Nifty has declined by 7.54%. FIIs are finding the US market more rewarding in the short term. India long term growth story remains intact. Last quarter results declared so far indicates the continued robustness in India Inc. fundamentals.
- Team Smart VERC
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