
Foreign portfolio investors are returning to Indian equities after a sell-off, says Sanjeev Prasad, MD & Co-Head of Kotak Institutional Equities. Citing improving earnings and macro conditions, he notes their buying is…
Foreign portfolio investors are returning to Indian equities after a sell-off, says Sanjeev Prasad, MD & Co-Head of Kotak Institutional Equities. Citing improving earnings and macro conditions, he notes their buying is shifting from traditional large-cap stocks to mid and small-cap segments. Prasad did not specify exact sectors but indicated a broadening interest beyond index heavyweights.
The narrative that foreign investors are abandoning India is one-sided. They are simply rotating into mid and small-caps, not fleeing. The real test isn't just FII inflows but whether earnings growth sustains across broader market. Will domestic retail investors, who have driven this rally, hold if foreign flows turn choppy again?
Source: ndtvprofit.com
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