CEO-Asia Pacific, IL&FS Investsmart, Deepak Chhabria believes that the money will continue to flow into India as a combined result of the last quarter results as well as high expectations for the next quarter.

"People are now building-in an outperformance for most of the sectors that have outperformed in the last quarter, and allocating capital to India ahead of the quarterly results," he explains. 

He expects to see this trend of money flowing in till the end of the year. "Unless we see any disappointment, money will keep flowing."

He feels that if there is any volatility at all, it will be in the domestic F&O market. Meanwhile, international flows will continue, according to him.  

He says that the money that is flowing into the market is not hot money, rather it is money that was sitting on the sidelines and is now coming in.  

He stresses on the fact there is room for upside in the markets provided that the corporate growth trend continues. “As corporate growth keeps meeting or exceeding estimates, one will see medium term flows keep coming into India.”