Rupee is depreciating against dollar. Price of one dollar is now close to Rs 78. It was Rs 72 in May last year.
With historic forex reserves & huge retail participation in equities, there's not much to worry even if there's flight of hot money after a Fed taper.
The irony of a 1.35-billion strong country with a vibrant stock market but no place in the bond indices would hopefully end early next year.
Overseas investors pumped in a net Rs 2,085 crore between August 2-13 in equities, but pulled out a net Rs 2,044 crore from the debt segment