Jefferies Explains How Record SIP Inflows Are Linked To FPI Exit And Rupee Weakness
Last Updated:May 24, 2026, 11:24 IST Jefferies says the rupee is Asia’s most undervalued in 2026, blaming heavy FPI equity selling offset by strong SIP driven domestic inflows. With weaker foreign inflows, India’s balance of payments has remained in deficit for the past two years, and Jefferies expects another soft year ahead. India’s rupee has…