Foreign Institutional Investors (FIIs) might come back in a big way under three scenarios: when valuations hit rock bottom, when there's a significant uptick in IPO activity, or when global markets are too hot, making India a tempting option for diversification
Foreign institutional investors (FIIs) are unlikely to make a strong comeback to Indian equities anytime soon, according to Amar K Ambani, Executive Director at Yes Securities. Speaking at the firm's flagship investor conference, Ambani laid out a case for why structural and cyclical forces continue to push global capital away from India.