Quote on FII flows 07.03.2026 from Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited
Below the Quote on FII flows 07.03.2026 from Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited
"The net FPI buying witnessed in February has reversed due to the Middle East conflict. In the first four trading days of March FPIs sold equity for Rs 21829 crores. Uncertainty surrounding the Middle East conflict, steady decline in the market, the vulnerability of the Indian economy to sharp crude spike and the sharp depreciation of the rupee contributed to the sustained FII selling in the cash market.
FPIs are unlikely to return to the market as buyers until there is some clarity on the outcome of the conflict and decline in the price of crude. Brent crude trading above $ 90 is bad news for the Indian economy and markets.
The market is now being supported by DII buying and sustained mutual fund SIP inflows.
Further correction in the market will make valuations attractive. But strong buying will emerge only when the conflict ends and crude declines."
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