US dollar correction could boost emerging markets: Sandip Sabharwal

US dollar correction could boost emerging markets: Sandip Sabharwal

“We think that the FIIs selling is happening in India only. Actually, if you see figures across the board, you will see that it is happening across emerging markets,” says Sandip Sabharwal, asksandipsabharwal.com.There was a fear, there was anxiety, there was curiosity in the market yesterday that what essentially will come out from Prime Minister … Read more

FIIs sell Indian stocks worth Rs 31,000 crore in 3 days. Will it get worse?

FIIs sell Indian stocks worth Rs 31,000 crore in 3 days. Will it get worse?

A ‘Buy China, Sell India’ trade is getting played out in emerging markets as FIIs have sold Indian stocks worth around Rs 30,718 crores in the first 3 days of October. The sudden U-turn in FII strategy has been mainly triggered by the outperformance of Chinese stocks. “The Hang Seng index shot up by 26% … Read more