FIIs to stage a strong comeback, says Assocham
The Associated Chambers of Commerce and Industry of India (Assocham) on Friday said it expects foreign institutional investors (FIIs) to "stage a strong comeback" owing to the strengthening rupee, low inflation along with weakening oil prices.
The benchmark Brent Crude had touched $86 a barrel in early October and in sharp contrast was trading at $67.74 on Friday. Image source: Reuters