"I Am A Material Man In A Material World': Quantum Advisors' Ajit Dayal On NDTV Profit Ignite

Quantum Advisors' Ajit Dayal, speaking at NDTV Profit Ignite, discusses the rupee's depreciation since 2025, after remaining relatively stable until March that year. He highlights the nearly $100 trillion held by pension funds and sovereign wealth funds, and how rising interest rates change investment competition. Dayal also raises the question of whether India wants foreign institutional investors (FIIs), stressing that FIIs need favourable conditions and will continue to assess currency movements and taxation before investing in India.