Tag: geojit financial services

NEW DELHI: Foreign Portfolio Investors (FPIs) have infused over Rs 3,200 crore in Indian equities so far this month driven by uncertainty in the global markets, economic concerns in China, and stability of the domestic economy."Since the markets have rallied smartly during the last three months, some profit booking by FPIs would be rational and can be expected, "VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said.With the global economic mood getting challenging due to slackening Chinese demand, any weakness in global equities could trigger wild gyrations...