I don't see another major FII-driven sell-off: Centrum Broking's Maheshwari

'Primary markets have had a long bull run, with many companies cashing in on the positive sentiment', said Maheshwari

Foreign portfolio investors (FPIs) continued to sell stocks in May, pulling out nearly Rs 44,000 crore from domestic markets. Nischal Maheshwari, chief executive officer for institutional equities at Centrum Broking, in conversation with Puneet Wadhwa says foreign investors expect the Reserve Bank of India (RBI) to toe the US Federal Reserve (Fed) line in keeping inflation in check. Edited excerpts:

Can markets now undergo time-wise correction?

Markets will continue to remain volatile in the near future since there are a number of factors at play. The Russia-Ukraine war is still inconclusive, with neither country backing down, leading to a surge