Salient to Investors:
Inflows into Indian stocks in 2013 topped a net $13.1 billion, the second-largest among 10 Asian markets tracked by Bloomberg, behind Japan.
Debasish Mallick at IDBI Asset Mgmt said the easy money policy of global central banks will support flows into India.
The Sensex is at 14 times projected earnings versus 10.6 for the MSCI Emerging Markets Index.
Foreigners have been net sellers of Indian stocks in just 2 of the past 13 years.
Read the full article at http://www.bloomberg.com/news/2013-05-17/foreigners-buy-most-india-stocks-in-3-months-on-rate-view.html
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