ETMarkets Smart Talk: 3 reasons why FIIs are turning net sellers after putting Rs 2 trn in FY24: Pradeep Gupta
economictimes.indiatimes.com“Foreign Institutional Investors (FIIs) turning net sellers in India can be attributed to various factors, including global uncertainties regarding monetary and interest rate policies, rising growth concerns in the US, and the possibility of asynchronous monetary policies across the world,” says Pradeep Gupta, Co-founder & Vice-chairman, Anand Rathi Group.
In an interview with ETMarkets, Gupta said: “Investors should not overly concern themselves with short-term market movements and should maintain their portfolio allocation in line with their long-term strategic decisions,” Edited excerpts:
What a twist market saw in the week gone by. We retested crucial support levels. What is causing the panic on D-St?
Pradeep Gupta: The recent market movements have indeed been notable, with a retesting of crucial support levels indicating a certain level of volatility and uncertainty.
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Offering CollegeCourseWebsiteIIM LucknowChief Executive Officer ProgrammeVisitIndian School of BusinessISB Chief Digital OfficerVisitIndian School of BusinessISB Chief Technology OfficerVisitSeveral factors seem to be contributing to this situation. The past year has seen substantial returns in the equity market, particularly in mid and small cap indices and modest corrections from these levels are not unexpected.
Additionally, there are numerous global and domestic uncertainties, including the possibility of a slowdown in the US in late 2024 or early 2025, persistent inflation leading to
