Fund managers and analysts who spoke to ET over the weekend expect the Sensex and Nifty to decline 5-10% by October, depending on the extent of the bounce in the dollar and US 10-year yields-both considered key signals for foreign money flows.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is