Foreign institutional investors (FIIs) have shifted their strategy in India, showing signs of renewed interest in Indian equities with significant net buying on March 21. Improved domestic fundamentals such as growth pick-up and declining inflation, along with positive sentiment in the debt market, are influencing this change.
Short-term dips seen as healthy realignments, not trend reversals: Deven Choksey
Deven Choksey of DRChoksey FinServ Pvt. Ltd. suggests the market is experiencing sector and stock rotations, with investors shifting from significantly appreciated stocks like Reliance