10 Jun, 2012 06:18 PM
The FIIS transactions cannot be
taken at face value and the analysis based on these has no meaning. They are
smart and they always take advantage of the fluctuaions of the economy and the
rupee in particular. They make money at the cost of Indian gullible investors
and this needs to be scrutinised in depth to come to any conclusion. They are
fair weaither friends and they have no loyalty to anything other than money.
( This comment appeared in ET dated 10/06/12)
Dr.T.V.Gopalakrishnan
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