After being in the red for the last couple of months, the Indian equity markets (BSE Sensex) ended the last month of the calendar year in the green (by gaining 987.8 points or 5.1%), as the FIIs exuded confidence in the Indian economy by pumping in Rs. 2,049.6 crore. Quietness on the scams stories also attributed to this up move, along with robust Q2 GDP growth rate of 8.9% (data released in December 2010), and up-roaring IIP (Index of Industrial Production) number of 10.8% registered in October 2010 (data released in December 2010).
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Mutual Funds Round Up Dec 2010
Read More:
Mutual Funds Round Up Dec 2010
