Foreign institutional investors (FIIs) are keenly watching the pace of covid-19 vaccination in India, Pratik Gupta, chief executive and co-head of Kotak Institutional Equities, said in an interview. Do you think India is losing its sheen among other emerging markets? Most FIIs are also watching the government’s privatization efforts – if, say, Air India or Bharat Petroleum Corp. or IDBI Bank get completed. The pandemic may have already peaked, much of the earnings impact is already priced in. We think Indian equities will remain attractive in the prevailing low-interest-rate environment, so local inflows into equities should continue to recover.

Source: Mint May 18, 2021 17:50 UTC