The FIIs flows were something which was keeping the markets high and it was DIIs which were keeping a quiet note. Probably the 1.5 lakh crore odd figure that these mutual funds hold on their accounts, that is something which is the domestic liquidity that we have seen will be a litmus test.
Defence sector has strong tailwinds, but valuations are sky-high: Dinshaw Irani
Dinshaw Irani of Helios Mutual Fund discusses investment strategies. He favors new-age companies and highlights quick commerce potential. Irani expresses optimism about Eternal and fintech