Will FIIs back India in 2018?

Foreign inflows have been muted in 2017 because of sluggish growth compared with other markets

Published 3 years ago on Dec 27, 2017 1 minute Read

Shankar Sharma, vice-chairman and joint MD, First Global

While India’s GDP growth hovering around 5% last year, was the lowest in the decade, the 3.8% global GDP growth was the highest in the decade. FIIs thus chose to invest in other EMs, unlike local investors who invested in equities, despite poor earnings growth, because of lack of alternatives. Since FY15, declining oil prices have saved the government $180 billion, which comprises around 7.5% of GDP. Now, with oil prices increasing, and the government having spen


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