FOREIGN INSTITUTIONAL INVESTORS STRIKE BACK
NARENDRA MODI FEVER GRIPS MARKET
2013-12-13 11:44
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It was time for the stock market to strike back. Last Monday, soon after it opened in the aftermath of the announcement of the complete election results and complete rout of Congress in four Hindi heartland states, the market gave a fitting reply to Congress bigwigs’ recent tirade against foreign investors’ exuberance over the possibility of BJP forming the next government, by pumping in large investments in Indian stocks resultantly pushing up the market to new highs and reiterating foreign investors’ support for Narendra Modi, BJP’s prime ministerial candidate in the coming Lok Sabha polls.