August inflows: India defies market volatility with strong foreign investment

24 Aug, 2023

India attracted the highest level of foreign investment so far in August compared to emerging and developed markets, even after key stock indices declined eight times during the past 14 trading sessions.

Foreign investors put in $1.11 billion in domestic equities in August so far, while pulling out their investments from other markets. Taiwan posted the highest outflows at $3.9 billion, followed by Brazil with $1.74 billion, Indonesia and South Korea with about $1 billion each, and Thailand and South Africa at about $350 million each in selling by foreign institutional investors.

Year to date, FIIs bought about $16 billion in local equities while since April 1, they bought $19 billion, according to SEBI data. (Money Control)

Recommended For You

Teen killed during clash between two groups

A teen was killed during a clash between two groups in Welipanna today, the police said. The police said that the clash broke out between a group of boys who were playing cricket. During the clash a 15 year old boy was killed.

25 Sep, 2016

Andhra urged to follow Sri Lanka to eliminate mosquito menace

Calling upon people to take the island nation Sri Lanka as their role model in eliminating the mosquito menace, India’s?Andhra Pradesh Water Resources Minister Devineni Umamaheswara Rao on Saturday said that the mosquito bite was badly affecting the public health and spreading communicable diseases. Inaugurating the ?War against mosquitoes,? a campaign launched by the State government to encourage people to take the initiative to get rid of the insects at Recharlapeta here, Rao said that it was

25 Sep, 2016

TNA insists no threat to alliance following Jaffna demo

The Tamil National Alliance (TNA) today insisted that there was no threat to the alliance as a result of the demonstration staged in Jaffna yesterday. The demonstration was staged by the Tamil People’s Council with the participation of some TNA members. The TNA did not support the protest staged against the Government but the party says there is no threat to the Tamil alliance as a result of the participation of some TNA members in the protest. TNA member and Northern Provincial Council Chair

25 Sep, 2016

Colombo Gazette is a leading news and entertainment website, covering stories related to Sri Lanka. The content consists of text based news, photos and videos and is linked to social media websites including Facebook, Twitter and Instagram, to provide a wider coverage for its stories.