Foreign Institutional Investors (FIIs) have been consistently selling in the Indian equity markets in January, with sales in the cash market reaching Rs 66,602 crore. The primary reasons behind this trend are the strengthening of the dollar and rising US bond yields. The financial sector has been significantly impacted, while the IT sector shows signs of resilience.
Why Saurabh Mukherjea has moved half his personal portfolio out of India
Saurabh Mukherjea, founder of Marcellus Investment Managers, has shifted his personal portfolio to a 50-50 split between Indian and global investments, reflecting a strategic pivot.