Fii Inflows

There may be a sigh of relief that the FII inflows in the second half of April improved dramatically, with $104.5 million coming in till April 28, against $1.5 million between April 1-15. But the activity at the stock markets remains sporadic and reveals that the FII interest is selective and mainly in B1 stocks. This remains the single point of worry for the financial sector, with no clear signal of the foreign institutional investor allocations for the emerging markets. With all positive factors coming through, the market awaits a stable presence to ensure a 'satisfactory' level for the Sensex.