Strong FII flows may come back into India post elections: Ashi Anand
«If you just go over the last six months, one year, two years, three, five, it is very consistent that India and the US, these are the only two parts of the world which actually have growth and you have momentum in the markets,» says Ashi Anand, Founder & CEO, IME Capital .
Up till now we have seen that India was underperforming, the rest of the world was outperforming. But then now we have seen a decent set of gains on Nifty and the broader market both. But what lies ahead now. Going further again we have a fifth phase of voting on Monday. Can we say that the pre-election jitters have been put to rest or are they put on to hold? What do you make of this?
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-110223199»>In terms of pre-election jitters, I think over the next couple of weeks, you probably have optimism, pessimism coming in and out and early in June we will actually know the result and that will kind of drive market direction.
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But just I think if we are looking at India vis-a-vis global markets, while over the shorter term and I think again driven by jitters around election, etc, there may have been a short period of underperformance.
If you just go over the last six months, one year, two years, three, five, it is very consistent that India and the US, these are the only two parts of the world which actually have growth and you
