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Worst phase of selling is over for Indian equities: Devarsh Vakil, HDFC Sec

Systematic investment plans (SIPs) are a great tool to build long-term wealth and investors should stick to them, says Vakil.

Devarsh Vakil, HDFC Securities
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Devarsh Vakil, HDFC securities

Harshita Singh New Delhi
Foreign investors suffering large drawdowns in their emerging markets is the factor that has led to sharp selling in Indian equities as well, according to DEVARSH VAKIL, deputy head of retail research at HDFC Securities. In an interview with Harshita Singh, Vakil, however, says that in the long term, he expects large portfolio flows to enter the domestic markets as endowments and pension funds rebalance their portfolios. Edited excerpts:

FII selling has been relentless. Is this irreversible now? What is the likely trend ahead?

Foreign investors have suffered large draw-downs in their emerging markets and other Asian exposures due to

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First Published: Mar 23 2022 | 11:35 AM IST

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