Domestic Institutional Investors (DII) for the first time hold larger share than FIIs in Indian markets.
That’s a landmark event.
The domestic flows are strong. And are expected to be stronger with low inflation, rate cuts and higher tax slab rates leaving large sum with masses this year onwards.
The FIIs holding is at 50 quarters low. Soon it’ll bottom out and we’ll see FIIs pick up shares, like they did in past 2 weeks.
We here in India will have double booster liquidity from both DII & FIIs coupled with strong domestic growth tailwinds.
The markets are going to soar beyond people’s imaginations when this happens.
