Prabhudas Lilladhar
Indian Equity Markets continued scaling to new high in December'2019 on the back of strong FII inflows, which were positive for 4 months in a row. FII flows in Indian equity remained positive in December'2019, taking total net flow to Rs.1 Lakh Crore for the whole of 2019, one of the highest in last 6 years. Mutual Funds saw highest ever monthly inflow into SIP's in December'2019 at Rs.8,518 Crore Vs. Rs.8,273 Crore in November'2019. Robust SIP flows are indicator of growing participation of Retail segment in equity investing. Consumption slowdown at both urban & rural level continued and NBFC sector...
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