UBS has advised shorting the Indian rupee for now, which means FIIs may remain outside the Indian market for some time. Indian GDP growth is not looking impressive; at one point, China achieved over 10% GDP growth, while we have only managed to reach
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Anonymous 1
Hey I am on Medial • 2m
Shorting the rupee might be a smart move in the short term, but India still has strong fundamentals. FIIs always return when the dust settles
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UBS has advised shorting the Indian rupee for now, which means FIIs may remain outside the Indian market for some time. Indian GDP growth is not looking impressive; at one point, China achieved over 10% GDP growth, while we have only managed to reach
The way FIIs are selling in the Indian market, the day might not be far when the market control will pass to DIIs and HNIs. And when FIIs return, the scene will be completely different with DIIs having the upper hand.
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