FOMO on market rally overshadowing economic environment: Prakash Kacholia

The inflow of over Rs 60,000 crore of funds into the Indian markets from foreign portfolio investors (FPIs) in November would defy all moods

Topics
Emkay Global Financial Services | Indian markets | Foreign portfolio investor

Puneet Wadhwa 

As the markets continue their journey north into unchartered territory, PRAKASH KACHOLIA, managing director at Emkay Global Financial Services, tells Puneet Wadhwa in an interview that investors may get better opportunities in mid- and small-caps going ahead. Edited excerpts: Are the markets being overoptimistic on the economic conditions and Covid-19 vaccine? The inflow of over Rs 60,000 crore of funds into the Indian markets from foreign portfolio investors (FPIs) in November would defy all moods.

A reversal in FPI inflows can halt the rally. The trailing price-to-earnings (P/E) ...

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First Published: Mon, December 14 2020. 06:05 IST
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