Stock Market Next Week: Global Cues, FII Flows, Oil Among Key Triggers
Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Investments Limited said, “Early indications suggest the trend of net positive FPI inflows into India continuing in September after the net positive inflows in July and August. This month, in the first four days, the net FPI inflows into Indian equities stand at Rs 2374 crores. The tapering of the chip trade and the FPIs turning consistent sellers in the chip stocks in South Korea and Taiwan have played an important role in bringing the FPIs back to India.”