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Why Maneesh Dangi Is Not Very Bullish On FII Rebound

Despite attractive stock valuations, they alone won’t be enough to fuel a market recovery, according to him.

<div class="paragraphs"><p>Dangi expects net FII inflows to trickle in at about $5-10 billion annually over the next three-five years, rather than a large-scale return. (Photo source: NDTV Profit)</p></div>
Dangi expects net FII inflows to trickle in at about $5-10 billion annually over the next three-five years, rather than a large-scale return. (Photo source: NDTV Profit)
Despite expectations of a rebound of global fund flows into India, Maneesh Dangi remains cautious, while adding that cheap valuations alone won’t be enough to lift the battered Indian stocks.The founder and chief executive officer of Macro Mosaic Investing said that the US dollar appears overextended, paving the way for potential weakening. “You could argue that the incremental noises from the Oval Office aren’t making a big dif...
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