If you remember, last year, FIIs were selling Indian stocks mostly below Nifty 16k & I wrote a blog post on it. And also called out FIIs for missing investing opportunities here
The same FIIs bought gross equities to the tune of >₹2L crores & net additions to the tune of ~₹46k crores last month. Above Nifty 18k.
Anybody can understand that selling below 16k & buying above 18k is not a ‘smart’ move.
All this while, the retail investors bought equities even at 15k, 16k, 17k & held on to it with patience & courage.
I’ll say, the retail investors won again & are sitting on a pile of profits. All because of the discipline, courage & belief in the long term India growth story.
While FIIs where busy trying to time the markets, a simple buy & hold approach along with time in the market helped retail investors beat the FIIs.
FIIs simply bet against India & whoever bets against India is going to lose for next 3 decades.
This time FIIs had to surrender & buy even above 18k-19k levels.
They have simply ran out of better options & India is one of the rare emerging markets opportunity.
They can’t go to China thanks to stringent Chinese policies, Vietnam is too small a market, Indonesia is growing splendidly but again small. Nigeria too is growing good though they have their own problems of sustainability.
Which leaves them to India!
India is large, growing, ‘investible’, sustainable market where money making opportunities are plenty. We’re in the rarest of rare phase where almost every thing is in favor of India.
Smart retail investor understands this thing.
Thankfully, FIIs too have come to realisations that India is the best option they can have for next 3 decades!
Eventually, it’s the retail investors who have won in past 2 years. I sincerely want this winning streak of retail investors continue & build wealth for next 2-3 decades!
Retail investors 3, FII 0
