FPIs may turn sellers at higher market levels, says Geojit Financial Services' V.K. Vijayakumar
Since overall market valuations have reached high levels, FPIs may turn sellers at higher market levels, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
In November, as per NSDL data, FPI inflows have turned positive with a net buy figure of Rs 9,000 crore even though they sold in the cash market for Rs 368 crore. Image Source: Pixabay