FIIs Await Crude Oil Price Drop to Return to Indian Stocks
Foreign Institutional Investors (FIIs) have withdrawn nearly $64 billion from Indian equities in the last two years, marking the longest and deepest sell-off in 20 years, according to JM Financial. Despite cheaper stock valuations and improving earnings prospects, FIIs remain cautious. A sustained decline in crude oil prices is seen as the crucial factor that could trigger their return to the Indian market.
ET Markets·




