Why Am I Skeptical About Doing my Tax Saving Investment Now

shabbir · Jan 13, 2014

Found this on FB.

The overseas investors invested over Rs 3,500 crore in the Indian debt market so far in January 2014, when the US Federal Reserve is scheduled to start reducing its monthly bond purchases by US$ 10 billion.

Foreign institutional investors (FIIs) invested Rs 545 crore in the equity market. FIIs also bought debt securities worth Rs 8,155 crore and sold bonds worth Rs 4,609 crore till January 10, 2014, resulting in a net inflow of Rs 3,546 crore, as per data provided by Securities and Exchange Board of India (SEBI).

As of January 10, 2014, the number of registered FIIs in the country stood at 1,724 and the total number of sub-accounts was at 6,400. Their total investment in debt and equity was about Rs 4,091 crore. FIIs inflow in debt market is returning on account of some stability observed in foreign exchange and interest rates, according to market experts.

In 2013, overseas investors retrieved a net amount of Rs 50,847 crore from the bond market, while they infused a net Rs 1,130 billion in equities.
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Why Am I Skeptical About Doing my Tax Saving Investment Now

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Why Am I Skeptical About Doing my Tax Saving Investment Now

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