No fundamental challenges to India's growth story despite FPI selling, says NSE Chief Business Officer
foreign portfolio investors (FPIs) in the Indian stock markets, Sriram Krishnan, Chief Business Officer of the National Stock Exchange (NSE), expressed confidence in the resilience of India's growth story.
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He emphasized that the current FPI sell-off does not indicate any fundamental issue with India's economic prospects and that India remains an attractive destination for investments.
He noted that despite recent market volatility, the long-term outlook for India is robust, positioning the country as a solid choice for investors worldwide.
" According to analaysts, in the last one month, because of the US elections, there was a bit of uncertainty and a lot of people feel that the selling FPI selling we have witnessed is because of the elections, the run up to the elections where there was a neck to neck situation being seen by many. But if you look at the India story, India seems to be a very strong, attractive investment destination, it continues to be, so we don't see any fundamental challenges. We are as an exchange quite confident that you know, investors will continue to trade on NSE in India" said Krishnan in an exclusive conversation with ANI.
Krishnan also addressed the anticipated IPO of the NSE, clarifying that the exchange is awaiting regulatory approval. He assured that once all regulatory requirements are met, the NSE will proceed with the IPO, although
