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Thursday, 24 September 2015
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The S&P BSE Sensex might have plunged over 5 per cent so far in 2015, but the India story still remains intact despite the recent selloff, say global fund managers.Even though foreign institutional investors (FIIs) have become net sellers in the past two months, experts believe it is only a matter of time before the flows reverse in favour of India, thanks mainly to its strong macroeconomic fundamentals. It is the right time to create wealth for retail investors.
Though the Reserve Bank of India is expected to cut interest rates next week by a quarter percent to a four-year low, officials say concerns over prices make it likely to resist political pressure for significant easing in the coming months.
The S&P BSE Sensex might have plunged over 5 per cent so far in 2015, but the India story still remains intact despite the recent selloff, say global fund managers.Even though foreign institutional investors (FIIs) have become net sellers in the past two months, experts believe it is only a matter of time before the flows reverse in favour of India, thanks mainly to its strong macroeconomic fundamentals. It is the right time to create wealth for retail investors.
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