Home » Business » Taking Stock

Taking Stock

By LIFS February 12, 2011 at 1:08 PM
Font size: Decrease font Enlarge font
Foreign investors pulled more than $1 billion from the Indian stock market in January as the Bombay Stock Exchange lost nearly 10
 
percent of its value in the new year. According to the Securities and Exchange Board of India, last year foreign investors pumped $29 billion into Indian stocks, which grew 17 percent.

The Indian stock market outlook is dimming, according to financial analysts, while U.S. and European stocks are rebounding. Inflation has been rising in India and India’s Reserve Bank recently hiked interest rates.

 

Subscribe to comments feed Comments (0 posted)

total: | displaying:

Post your comment

  • Bold
  • Italic
  • Underline
  • Quote

Please enter the code you see in the image:

Captcha
  • Email Email
  • Print Print

Tagged as:

Business | Magazine | February 2011

Rate this article

0
Submit Link

We are looking for the best Indian stories on the web. If you see something interesting, send us a link to the story.