Over the past few months, foreign inflows in India have gone up meaningfully. In the year to date India has seen foreign inflows of near $13 billion in the year till date, highest in the last many years. Thanks to these flows (and local flows), markets too have bounced back. But how far will this continue? Will this sentiment sustain? Ayon Mukhopadhyay, Director, Institutional Equities, IIFL Securities, throws some light on these aspects. He spoke with The Economic Times. How are foreign investors viewing Indian markets?There are two thought processes. One is: a large part of the world is growth-starved. Look at bond yields. Half of them are negative. In this situation, if you have a market which is growing at 5% GDP, it is fine. Investors want to invest. Moreover, they are seeing drop in GDP to be a mere cyclical slowdown. Even in the cyclical slowdown, they are looking at only quality companies. They don’t want to invest in the whole market. So, India is a market with a … [Read more...] about Most foreign funds not massively overweight on India: Ayon Mukhopadhyay, IIFL Securities