Mutual fund houses pump over Rs 7,000 cr in equities in January; FPIs in sell-off mode, pull out Rs 5,264 cr
The fund houses believe that the uptrend may continue in the coming months too as large amount of flow is expected through the SIP route.
FPI outflow crosses Rs 4,000 crore in January so far; foreign investors continue with 'wait and watch' approach
FPIs withdrew a net amount of Rs 3,987 crore from equities and a net sum of Rs 53 crore from the debt market
India has been "remarkably resilient" in the recent turmoil in emerging market equities largely driven by macro stability, low policy uncertainty, improving growth and domestic flows, says a Morgan Stanley report
The dollar is expected to strengthen further in the course of the year, and hence while interest rate policy per se may be less affected by this development, currency stability will dominate the discussion tables at the RBI