Budget, earnings revival crucial to lure FIIs back to India: Punita Kumar Sinha

As India braces for budget week, market watchers are seeking catalysts to lure back cautious foreign institutional investors. Persistent outflows and concerns over earnings trajectory and valuations have weighed on sentiment. However, strategist Punita Kumar Sinha believes pessimism is overdone, highlighting potential positive triggers like the EU trade deal and budget announcements.