News From Press Fed talk on rates, inflation may keep FIIs muted in India

Fed talk on rates, inflation may keep FIIs muted in India

Rate hikes typically lead to a reversal of FII inflows from emerging markets to developed ones

Source: Mint Jul 28, 2021

Foreign institutional investors (FIIs) have pumped $7.45 billion into Indian shares so far in 2021, sparking off an equity market rally, but the US Federal Open Market Committee (FOMC) review meeting on monetary policy, starting Tuesday, may alter the course.

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