However, Vijayakumar cautions that the elevated valuations are still a concern. If the US growth concerns impact global equity markets in the coming days, FPIs are likely to use the opportunity to buy in India.
RBI accepts 95% of bond buyback ahead of monetary policy review
Ahead of its bi-monthly monetary policy review, the Reserve Bank of India (RBI) accepted ₹23,855 crore worth of bids in its bond buyback, 95% of