FPIs invest Rs 19,000 cr in equities in Nov on softening US inflation, dollar
VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, believes that FPIs are likely to buy more in the coming days as inflation in the US is showing a moderating trend, and dollar and US bond yields are declining.Also, India has the best earnings growth outlook among large economies. However, valuations are getting stretched, he added.
