FIIs Continue To Press The Sell Button: Adrian Mowat
  • Gaurav Sarkar
  • Aug 19 2013

19 August: Adrian Mowat, Chief Asian and Emerging Market Equity Strategist, JP Morgan, states that FII sell-off in equities as well as the cash market is quite a possibility. Mowat foresees a transfer of ownership from local investors to FIIs. “Domestic investors are extremely pessimistic on markets and policy making,” he points out.