Mumbai: India is the preferred destination
for equity investors across the world as is evidenced by the
FII & FDI inflows into our markets which has crossed USD 35bn
in this financial year, ICICI Securities MD & CEO, Madhabi
Puri Buch said today.
Commenting on the outlook for 2010, Buch said that going
forward, the Volatility Index (VIX) having dropped from 80 a
year ago to 20 now is indicative of growing confidence in the
markets and thus strong flows would be expected to continue.
Our own people, particularly retail investors could also
recognise this and reap the long term benefits of investing in
an economy which is expected to grow at the rate of at least
7.5-8 per cent per annum for the next many years.
"We should take care not to lose this opportunity," Buch
said.
-PTI
First Published: Wednesday, December 30, 2009, 22:49