Investing during Economic Sluggishness
I do not know if our markets will correct deep enough to catch up with earnings. Hope and money inflows seem to be the two props holding up our markets. Flows from foreign institutional investors (FIIs) used to be the sole driver of our markets. However, of late, domestic retail has made the systematic investment plans (SIPs) into a monthly inflow of Rs5,000 crore. And domestic insurance...
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