Stock market: FPIs ‘absent’ on Budget day; analysts flag near-term risk to flows
Elara Securities said while higher STT on F&O can reduce speculative churn and attract higher long-term investments, the Budget is unlikely to calm the FPI exodus, as FPIs look for signs of earnings recovery.
Elara Securities said while higher STT on F&O can reduce speculative churn and attract higher long-term investments, the Budget is unlikely to calm the FPI exodus, as FPIs look for signs of earnings recovery.
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