Flowing Back For Better Returns

As Foreign Institutional Investors (FIIs) turned net sellers in June and August, after five months of buying, a revival trend was witnessed in September. Is this a sign of revival post government measures or India’s growth story is still far from being revived?  Well, that’s definitely debatable. There is a reason why the World Economic Forum (WEF) has placed India 10 spots lower at 68th rank as compared to last year in its report on global competitiveness. WEF predicts that the global economy is ill-prepared for a downturn after a lost decade for productivity-enhancing measures and is heading towards a major slowdown. It implies that there is barely any central bank in the world that right now is not easing interest rates to combat the growth slowdown. This turned Foreign Institutional Investors (FIIs) into net sellers as they engaged in a selling spree in the month of...