There have been outflows seen from Russian funds to China and India. Even European equity funds are seeing outflows for the last 7-8 weeks.
The Indian equity market has seen FII inflow of over Rs 2700 crore in the past five trading session. Discussing the current trend, Rishav Dev, Equity Strategist, Quant Capital - Institutional Equities, said he believes the inflow will continue for another few weeks.
He said Asia (ex-Japan), looks the only stable region amidst emerging markets, which is seeing the largest inflows from Japan and the US.
Dev said there have been outflows seen from Russian funds to China and India. Even the European equity funds are seeing outflows for the last 7-8 weeks.
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