FIIs raises their relative overweight on India: JPMorgan

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Here is expert equity call for the day on how the markets are expected to trade:

Bharat Iyer, JPMorgan: EPFR data suggests FIIs have significantly raised their relative Overweight on India. We reiterate that while international trade may be a relatively small part of the Indian economy, the dependence on external capital means global issues will have an impact on domestic growth.