Assembly election result: FII dollars may power megacap stocks to beat madcap rally

Assembly election result: FII dollars may power megacap stocks to beat madcap rally

Street favourite BJP’s clean sweep in the Hindi heartland may compel foreign institutional investors (FIIs) to start buying Indian stocks in a big way once again and mark the return of megacap stocks that have been left behind in the ‘madcap’ rally in recent months. FIIs who had been bothered by the Indian market’s rich … Read more