Banks Remain Best Sector For FPI Allocation: Sushant Hede, CARE Ratings
  • WebDesk BTVI
  • Jul 25 2019

Sushant Hede, Associate Economist at CARE Ratings, said foreign portfolio investors (FPIs) were net buyers in the first four month of financial year 2019-20. However, after the increase in surcharge on super rich, they have turned net sellers in equity. According to him, banks remain the best sector for FPI allocation. He said that India's debt market continue to look attractive. Here's more.