Business Standard

Monday, December 23, 2024 | 01:07 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

FPI holding at multi-year low will act as strong buffer: BNP Paribas' Vora

Some downgrades are expected but the extent of the revisions will depend on how the situation evolves around input costs and companies' ability to raise prices"

Kunal Vora, BNP Paribas
Premium

ora says moderation in growth and rising input cost pressure can lead to earnings downgrades

Samie Modak
The sell-off by foreign portfolio investors (FPIs) may continue but foreign ownership declining to a multi-year low will act as a buffer, says Kunal Vora, head of India equity research, BNP Paribas. In an interview with Samie Modak, Vora says moderation in growth and rising input cost pressure can lead to earnings downgrades.

What are the key reasons for the FPI sell-off?

The rising inflation in key commodities and elevated bond yields globally remain the key challenges for foreign investors, leading to capital outflows across emerging markets (EMs). Foreign investors are looking for safe havens in the rising interest rate

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in