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Last Updated : Feb 13, 2017 11:25 AM IST | Source: CNBC-TV18

Cautiously optimistic on market, new fund flows likely: ICICI

Global fund reallocation is positive for the Indian geography amongst the emerging markets, and new fund flows are likely, Anand Mour of ICICI Securities says.


Anand Mour of ICICI Securities says investor sentiment seems to have improved, especially in the aftermath of global and domestic uncertainties, though some shadows linger on implementation of a few policies and panning of global events, particularly in the US.


Global fund reallocation is positive for the Indian geography amongst the emerging markets, and new fund flows are likely, he feels.

Most participating corporates, especially with higher exposure to domestic businesses, reflected a similar sentiment of cautious optimism and are looking beyond the short-term impact of demonetisation, Mour says.

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First Published on Feb 13, 2017 07:25 am
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