Mkts Solely Dependent On FIIs: IIFL
  • Prabha Hedge
  • Feb 12 2014

February 12: Nirmal Jain, Founder & Chairman, India Infoline, says that correlation of Indian markets and FII flows is the highest amongst EMs. He adds that a negative election outcome can lead to a huge sell-off. However, he asserts, “India is better placed than other emerging markets.”