«If I talk about the whole India story, as if it is a kind of you can say the Hollywood movie, I think the month of May was kind of a break wherein you had all sort of noise which kind of was an intermission in the whole India story which was unfolding,» says Aniruddha Sarkar, Quest Investment Advisors.
Who will blink first in your view, the market or the investors. Everybody was expecting further lows, but it is not obliging the bulk of the participants, market.
I would say that, obviously when you have all the noise around the election and the last couple of months, it was actually a very excellent time for the long-term investors because all the noise that gave so much good opportunity to enter into some of the good companies at such valuations which was not visible for the last six-seven months. So, having said that, I think if you look at the flow of the money of domestic investors, the answer to your question is that definitely the domestic investors have understood that on the panic days you deploy. In fact, it is very encouraging to see that on the date of the election results, the domestic fund flow was almost like massive, 22,000 crore, which was I would say was kind of a humongous number. So, having said that, I would say definitely FII money will come back.
How are