Rising FII flows sound the bull trade bell

Though the markets continue to get impatient for the up trade to give quicker returns in a sideways move that lasted a month, FII flows rose to $2 B in July at INR 103 B according to an ET report

The SEBI report on FII trends is however missing from the regulator’s website not updated since August 2011(another revamp)

Bain’s purchase of Genpact for $1B has hiot the right valuation on the dot and that should really boost markets in India because the problems of purchase valuationt hat dog Global M&A usually did not get in the way of either undervaluing or over valuing this transaction

Both transactions will benefit India’s BOP data esp if the Dollar does not spike another commodity surge as Gold has tempered down but the Rupee has not responded in kind

According to the ET infographic FII portfolios have positive investments in India for four out of 7 months in 2012 and there were no exits during the dull times in Q2

 

 

 

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