New Delhi: Showing their faith on the Indian economy, overseas funds infused a whopping $6.11 billion in October, the highest amount brought in any single month by the FIIs since they were allowed for investment in local stocks.
With an investment of $6.11 billion in just 25 days in October, the total inflows of foreign institutional investors (FIIs) so far in 2010 has crossed $24.48 billion-mark that is also a record investment came in a single calender year.
According to the country's top fund house - Reliance Mutual Fund - this fund inflows into India is likely to go up further in the coming days, as FIIs see better growth opportunities here compared to the other markets.
Source: PTI
