ETMarkets Smart Talk: Nifty hits fresh 52-week highs! Does the India story hold up against other EMs?

“With regard to flows, it is difficult to say anything in the short term. Over the medium to long term, as the global volatility recedes, FII money will chase growth assets. India is the fastest-growing emerging market with improving corporate governance practices. Hence, FII flows should come back in large numbers over the next 12-18 months.”