In today’s Mint, Uday Kotak, one of the shrewdest people in India, explains:
“Frankly, the Indian markets have become like two markets-companies which will get FII money and companies which will not-and bulk of the savings in the equity markets are coming from FIIs.At this stage, the list of companies where FIIs are seriously interested is about 50.So in a 7000 company market there are 40-50 companies which are getting FII money.”
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