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Having started 2023 on a bitter note and even hitting 52-week lows, Indian benchmark indices did a pole vault on Dalal Street that took them to the top 10 best performing markets in the world this year.
But clearly, 20-30% growth rates that some of the growth rates that you can pick up in obviously some of the more core focused AI plays, you do not get that out of Indian IT companies anymore.
I was looking at some data which is that if you look at the last 12 months or even last 24 months of net FII activity to India, it is negative. Now India has become the toast of the town.