Emerging market like India has been one of the most favoured investment destinations for the foreign institutional investors (FIIs). However, concerns over macroeconomic issues, political uncertainty and low volumes have pushed the Indian market in a negative terrain. Most analysts, however, feel that the Indian market will sail through the difficult times and will soon touch new heights.
Speaking to CNBC-TV18, Arjuna Mahendran, Head-Asia at HSBC Private Bank (Suisse) SA, said that once the US market starts marking healthy recovery, FII flows will start returning to the emerging markets.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
