Countries Like India Will Continue to Get $15-20 B Of FII Inflows: SMC Investments

Even as global equity markets try to recover from Standard & Poor's blow of lowering the US's credit rating, they are still fearful whether the rally will sustain. Developments in the US and the European Union (EU) have raised fears of another downtrend in Indian markets, too, that are already grappling with a plethora of problems like rising interest rates, high commodity prices and stubbornly high inflationIn an interview to Business Line, Mr D.K. Aggarwal, Chairman and Managing Director, SMC Investments and Advisors Ltd, shares his thoughts on how these events will impact Indian capital markets.