BENGALURU -- Foreign investors have India in their sights as its equity markets provide respite from widespread economic gloom while its bonds are expected soon to be added to a benchmark global index.
After a muted first half of the year, global investors turned net buyers of Indian stocks in July. Since then net foreign investment in Indian equities has reached 657 billion rupees ($8.3 billion), compared with net outflows of 2.17 trillion rupees (approximately $27.5 billion) between January and June.
