Tag: srivastava

NEW DELHI: After infusing Rs 40,000 crore each in the past three months in Indian equities, foreign portfolio investors (FPIs) have slowed down the pace of inflows to Rs 12,262 crore in August on higher crude oil prices and resurfacing of inflation risks. "FPIs are adopting a 'wait and watch' approach rather than making a U-turn. There continues to be uncertainty in the global economy and the underlying scenario is fast-changing. This will make the flows from FPIs volatile," Himanshu Srivastava, associate director (manager research), Morningstar India, said....