Indian markets are on a swing and the great moves will continue as long as FII flows continue. Claiming that recent inflows into the markets were the result of reallocation of existing funds, Samir Arora of Helios Capital told that these flows will continue if markets grind higher. He said he has turned bullish on India in the past three months and sees a 10% blowout rally from here. However, "a 15% rally is unlikely," he said.
Speaking on specific stocks and sectors, Arora said Delta Corp remains his top midcap pick, and he continues to hold S Kumars. "I remain short on telecom," he said.
