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UBS says FII inflows may not pick up soon; financials, defence and consumption are top themes

UBS says FII inflows may not pick up soon; financials, defence and consumption are top themes

Gautam Chhaochharia, Head of Global Markets at UBS, said foreign investors remain invested in India despite slower inflows and caution over valuations. He also said India remains a stock pickers’ market with select midcap and smallcap opportunities backed by earnings growth.

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