Expert view: FPIs turn positive on India | OmniScience Capital CEO sees non-AI diversification boosting inflows
• Foreign Portfolio Investors (FPIs) are showing a positive shift toward Indian equities, according to Vikas Gupta, CEO of OmniScience Capital. • Gupta attributes this trend to non-AI diversification and strong growth across various Indian sectors, despite ongoing global inflation pressures. • The shift occurs as other emerging markets, specifically Taiwan and South Korea, currently hold allocations higher than their long-term weights.
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