Expert view on RBI monetary policy by S Ranganathan, LKP Securities
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Below are Quote on RBI Monetary Policy by S Ranganathan, Head of Research at LKP Securities
"FPI's after being net sellers of Indian Equities to the tune of Rs12800 crores in April 2021 were actually buyers in May for Rs 5350 crores. The buying was selective across categories like Technology, Private Insurers, Agrochemicals & Fintech amongst others. Smart FPI Investors have bought into broader market themes in India outside the Index which coupled with buying from Savvy Domestic Investors have reduced the valuation differential between Largecaps & Midcaps across sectors"
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