Mumbai, January 8 : Foreign portfolio investors are expected to adopt a cautious stance on Indian equities until there is clarity on the recovery in Q3 FY25 earnings and fair market valuations, says a report by Shriram Mutual Funds. It said "FPIs are likely to remain cautious on India until there is clarity on Q3FY25 earnings recovery and fair valuations" …
Continuing its selling spree for the seventh consecutive month, foreign investors have pulled out Rs 17,144 crore from the Indian equity market in April amid fears of an aggressive rate hike by the US Fed that haunted such investors and dented sentiments. Further, foreign flows are likely to remain volatile in the near term amid the high prospect of aggressive …