Prabhudas Lilladhar
Indian Equity Markets hit an all time high in November 2019 on the back of strong FII inflows, which were positive for 3 months in a row. November 2019 FII inflows in secondary markets stood at Rs.19,362 Crore Vs. Rs.8,771 Crore in October 2019. On the other hand, MF Equity net inflow for November stood at Rs.933 Crore Vs. Rs.6,015 Crore in October 2019, a whopping 84% down month-on-month basis. Gross domestic product (GDP) grew 4.5% in the second quarter of FY20, down from 5% in the previous quarter and 7% in the same period of the previous year. This was the slowest rate of growth of the Indian economy in as many as 26 quarters....
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