India competing for FII flows since 12 mths: Jignesh Desai, Centrum Broking
• Jignesh Desai of Centrum Broking reports that India has struggled to attract Foreign Institutional Investor (FII) flows over the last 12 months, effectively serving as a funding market for North Asian tech trades. • During this period, the Nifty declined by approximately 2%, significantly underperforming compared to Korea (+103%), Japan (+57%), and Singapore (+35%). • To accelerate FII inflows, Desai identifies three critical requirements: lower crude oil prices, stability of the rupee, and two consecutive quarters of earnings delivery without downgrades.
business-standard.com





