[ad_1] Prashant Paroda, Portfolio Manager Emerging Markets at Allspring Global Investments, sees signs that India’s market could be reaching a turning point. While recent months have been marked by an earnings slowdown and heavy foreign institutional investor (FII) selling—averaging around ₹4,000–5,000 crore daily—he believes the selling may be easing for some stocks. In his view, […]
Don’t think the worst of FPI selling in India is over yet, says Pratik Gupta – CNBC TV18
[ad_1] Pratik Gupta, CEO and Co-Head of Kotak Institutional Equities, expects the current wave of foreign portfolio investment (FPI) outflows from Indian markets to persist amid heightened volatility in the coming weeks. Gupta attributes this trend to high valuations in Indian equities, which remain elevated even after a recent 9-10% correction in the Nifty index. […]