FII outflows not driven by lack of AI and high taxes, says Shankar Sharma. Here’s why
- Posted on May 2, 2026
- By Business News Today
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- 1 min read
FII outflows not driven by lack of AI and high taxes, says Shankar Sharma. Here’s why
Foreign investors are not avoiding India due to AI exposure or tax issues, according to investor Shankar Sharma. Data shows markets with little AI have outperformed. India's own past performance contradicts the AI dependency narrative. FII flows and taxation show a weak link to market direction. Global markets perform well regardless of AI.
