INSUBCONTINENT EXCLUSIVE:
proceeds at 13-year high this yearPhoto Credit: ReutersHeavy foreign investor flows into shares, massive federal spending and strong
Asia, but don't want all your eggs in one basket, the China basket, India is the easiest option to go for
third highest IPO proceeds in 2020Photo Credit: ReutersThe stimulus unleashed by central banks globally in response to the COVID-19 pandemic
also has driven flows from foreign investors into many emerging market shares, particularly India, where they have invested $6.1 billion in
India's main NSE Nifty 50 stock index has corrected slightly in March and some analysts have raised concerns over high valuations, but
accounts in IndiaPhoto Credit: Reuters"What you're seeing is local companies are being bought by local investors
You could say 'India is buying India'