Market wrapCNBC-TV18
India back on FII radar as oil prices fall and AI trade unwinds
Positive0
GreyOak summary
Nilesh Shah of Kotak Mahindra Asset Management states that foreign investors are returning to India due to falling crude oil prices and the unwinding of the AI trade theme. He expects overseas allocations to shift from underweight to neutral, citing improved macro conditions and reasonable valuations. Shah noted that family offices and sovereign funds remain interested, though tax framework consistency is still sought.
What it affects
- FII flowsPositive 0
FII positioning moves toward neutral.Rolling sentiment Neutral +12
- AI and data centresPositive 0
AI trade unwinds.Rolling sentiment Positive +29
- Brent crudePositive 0
Crude oil prices fall.Rolling sentiment Positive +21
