Foreign investors won't return in current environment: Raamdeo Agrawal

Market expert Raamdeo Agrawal said foreign institutional investors (FIIs) are unlikely to return to India in the current environment. "If the currency remains weak, FIIs will not have the confidence to come back," he added. However, he noted that India "is actually in very good shape" if one ignores geopolitics, suggesting that market corrections present a buying opportunity.