FPIs were net sellers in the month of October Says K Dileep, Geojit Financial Services
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Below is quote on FPI By K Dileep, Head of PMS, Geojit Financial Services
"FPIs were net sellers in the month of October as they were in September. But the month of November started with a good note. So far they were net buyers to the tune of 6000 plus crores. Expect decent flow going forward as the growth story of India is intact. Better than expected earnings and comfortable macro numbers are positive for India compared to other emerging markets. I don't expect any drastic move in the market on either side for another couple of quarters. But it is an ideal time for those who are looking at the medium to long term."
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