Despite Foreign Institutional Investors selling off Indian equities, SAMCO Mutual Fund’s CIO, Umesh Kumar Mehta, remains optimistic. He attributes the FII exit to global factors, not India’s strong fundamentals. Mehta highlights India’s resilient growth, structural reforms, and demographic dividend as key drivers.
Warning Signal? FIIs cut stake in 11 smallcap stocks in the last 3 quarters; prices crash up to 70%
Reliance Power’s shares declined as the Enforcement Directorate filed a chargesheet in a fake bank guarantee case, weighing on investor sentiment and drawing renewed attention