Crude oil is the key to bringing FII money back to Dalal Street
FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM
Foreign investors may return to Indian equities only if crude oil prices cool, according to Ashutosh Tiwari, managing director and chief investment officer—public equities at Equirus Asset Management. While valuations have corrected and earnings growth is expected to improve…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralForeign flows into India depend on oil prices, the main hurdle to a sharper market re-rating.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Foreign investors may return only if crude oil prices cool, per Ashutosh Tiwari.
- 02Valuations have corrected and earnings growth is expected to improve.
- 03Rising oil prices have emerged as the key trigger behind renewed FII selling.