Figure Watch

Quit India?

While much of the country8217;s broking community is keeping its fingers crossed, hoping the sensex will stop flirting with them and actually cross the magical 5,000 mark, there8217;s one group which is quietly making its money, and getting out. The foreign institutional FII category of investors have obviously decided the market8217;s gone up high enough for them 8212; so make your money and get out, or cut your losses. Right from the time of the Kargil crisis to the shooting of the Atlantique, and now the possibility that the BJP-alliance may get only a wafer-thin majority, net FII investments have been falling. From a high net inflow of 106 million in January and rising to 402 million by May, FIIs withdrew 28 million in August, and this rose to a whopping 94 million last fortnight.