Perspectives
Perspectives - April 2017
Stock markets in India gave investors much to cheer about as the first month of the new financial year started on a heady note. Both the benchmark BSE Sensex and the Nifty 50 hit a record high on an intra-day as well as closing basis, during the month. On an average, Indian equities inched up by ~1.4% in April 2017, largely backed by strong flows from domestic institutional investors, who net bought Indian equities worth USD ~1.4 billion, during the month.