"Funds flow from FIIs into Indian markets is expected to remain unaffected even as the Chinese markets have rallied in recent weeks."
The BoFA-ML survey shows that 43% of the participants picked India as the most favourite equity market in Asia for calendar 2015.
Some traders take investment calls by following the movement of stock prices of a few major public sector banks and state-owned companies.
There are other reasons: deleveraging balance-sheets, exit from non-core businesses and rationalised ambitions.
Nifty stocks are expected to record earnings growth of 18 per cent in 2015-16 and 16 per cent in 2016-17, according to Bloomberg.
The street is factoring in earnings growth of 19% & 17% for FY16 and FY17 while earnings growth in present fiscal is likely to remain limited to 8%.
Over the last year, these funds witnessed net inflows of $9.4 billion, nearly half of the total FII funds that flowed into Indian equities.
Participation of MFs, FIIs combined in total turnover has come down to 22.6% in March 2015, compared with an average of 25.28% in last twelve months.
The Fed’s policy is expected to help in retaining the interest of the US institutional investors in emerging market assets, including Indian securities.
As per data compiled by ETIG, of the total FII investment in India's debt markets, the share of global central banks has increased to 15% in January 2015.
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