Global equities offer generous risk premium than others: Unmesh Kulkarni

FPI flows into Indian equities are likely to stay positive, says Kulkarni

It has been a one-way street for the markets over the past few sessions. UNMESH KULKARNI, managing director and senior advisor, Julius Baer India, tells Puneet Wadhwa FPI flows into Indian equities are likely to stay positive, given the likelihood of continued weakness in the dollar, peaking out of Covid-19 cases in India, and the domestic economy showing a gradual recovery. Edited excerpts:

Can the Indian equity markets sustain at these levels?

For the market rally to sustain, the broad-based market participation must continue, which we think it will. The Covid-19 situation in India should improve on the ground -- there are