This makes no sense. India had to store 80 billion dollar in forex reserves in last 6 months so that value of rupee doesn't appreciate.This is all the helicopter money which is getting pumped, there is no real change in fundamentals , no major change to attract investments.
Not sure , when they will pull back their money, the bloom and gloom messages for the past 3-4 months is not real.
Sensex, nifty is also reaching all time high everyday. India is predicted to reach 50,000 in sensex by next month.