September month, Indian markets witnesses highest ever inflow from Foreign Institutional Investor (FII)s in one month ever since they are allowed in India from1992-93.
Till now in this India witnessed 18 billion dollar inflow and out of that 5 billion came in this September month alone, giving 13% gain in this month out of 17%-18% gain in this year.
From last 3-4 month market was trading in the narrow range of 5350-5450, but this September inflow helps the Nifty to break the range & surge.
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