000 01468pab a2200181 454500
008 180718b2014 xxu||||| |||| 00| 0 eng d
100 _aSharma, Nishi
245 _aForeign institutional investment and India capital market : A casualty analysis
260 _c2014
300 _ap.276-286.
362 _aApr-Jun
520 _aDuring the early phases of post-Independence, Government of India initiated different steps to ensure self-reliance of the economy through promoting import substitution. It stressed upon financing its current account deficit through international debts and other official assistance. But in 1990, policy makers realised the need to review their decisions particularly for circumscribing yoke international debts. To reanimate the fatally poised system Indian economy unclogged the route of foreign investment. Approval of foreign investment in the form of direct as well as institutional investment revamped entire financial system of India. However, there is a usual debate regarding the cause and effect relationship between foreign investment particularly institutional investments and performance of capital market, i.e. whether foreign institutional investments are allured by good stock return or the same leads to better performance of stock market. - Reproduced.
650 _aFinancial markets - India
650 _aForeign investment
773 _aIndian Journal of Public Administration
908 _aN
909 _a105224
999 _c105219
_d105219