New Delhi: Months of intense selling have made foreign investors become discriminating buyers in the Indian stock markets. Rather than selling all-board, they are selecting their areas and companies that have good fundamentals.
These areas include banking, energy and infrastructure and have received foreign attention. Investors are concentrating on firms that have sustainable income and can grow in the long term.
Analysts suggest that foreign investors are following the world trends keenly. Although they remain cautious, they remain interested in India strong growth story.
This discriminatory purchasing demonstrates a change of strategy. Foreign investors are also not leaving all at once, they are modifying their portfolio.
