Hope Blooms

Foreign investors have pushed the indices to a record high on expectations of reforms push and earnings recovery. Slippage on either could spoil the party

How is the josh? The dialogue from the movie Uri got cult status when prime minister Narendra Modi asked the audience the same question at the inauguration of the National Museum of Indian Cinema in Mumbai early this year. And after the thumping mandate that the BJP got at the hustings, the josh (adrenalin) is running high among foreign portfolio investors (FPIs) as well.