Expert view, June 5 -- Pradeep Gupta, Chairman & MD, Anand Rathi Share and Stock Brokers Limited, believes that if foreign investors had genuinely lost confidence in India's long-term prospects, they would be avoiding both secondary-market stocks and primary issuances.

He added that foreign investors (FIIs) participation in IPO anchor books has remained remarkably strong even during periods of heavy secondary-market selling.

In an interview with Mint, Gupta shared his views on the current outlook of FIIs and what can bring them back to India. Edited excerpts:

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