FIIs selling Indian stocks due to 'pathetic' earnings: Samir Arora

Helios Capital Founder Samir Arora said foreign institutional investors (FIIs) are selling Indian stocks due to "pathetic" corporate earnings. The selloff isn't necessarily due to FIIs reallocating funds to China and the US, he stated. "Global investors may have minimal exposure to India...It's unlikely they'd reduce their already small stake in India to increase their US holdings," he added.