- Wealth PMS (50L+)
FIIs seem to be easing off on India. As much as we can imagine that China's loss - it's market in Shanghai has fallen over 10% in the last two days - is our gain, it really doesn't seem to be so, looking at foreign investor data. Here's the picture in charts.
• The rupee's falling against all currencies
• FIIs have been exiting equities and have reversed trend
• RBI's stopped buying dollars and reserves are flat . . .