Return of foreign capital likely going towards end of this year: Mitul Kotecha
“Markets will start to pay back expectations of timing and start to price in rate cuts as the dollar loses some of its upward momentum. It bodes well for eventual return of capital into India and other emerging markets. So much capital has flown out of EMs that we may start to see a bit of stabilisation in the next few months and even a return of capital as we move towards the end of this year.”
