Stability in US markets could bring FIIs back to India: Vinod Nair
"Volatility is expected in the next 2-3 months, but the INR should strengthen, and foreign investors' selling should reduce. This will help INR perform well, which is trading in an overbought position on a daily chart analysis basis. The recent fall in bond yields in the UK is a positive sign for EM currencies. We should also note that the INR is the best EM currency performer."