Foreign Funds

Capital Market

Are the capital and security markets in emerging economies, particularly in India, headed for turbulent times? Well, troubled macroeconomic fundamentals and uncertainly in domestic outlook seems to suggest so. The massive efflux of foreign funds and increasingly unfavorable rupee dollar equation in India, amid growing reluctance of overseas investors in non-dollar assets, are indeed alarming for the economy by all standards, opine several prominent security market analysts. The outflow of