Election jitters fail to deter FIIS, 2019 inflow highest among EMs

…Against this backdrop, the decision by overseas funds to continue buying into Indian stocks — ahead of a traditional mega-event risk —reflects the resilience of the world’s fastest-expanding major economy. Geopolitical volatility measured as PVIX (Predata Volatility Index) was 45.4 for India, the highest among emerging markets holding general elections, according to Bloomberg data. Indonesia, the Philippines, South Africa, and Turkey are also holding polls to elect new federal governments..