Foreign portfolio investors turn from sellers to buyers in Indian equities, according to estimates cited by Bloomberg. After eight consecutive weeks of net selling, global funds purchase almost $900 million of Indian shares in the most recent week. Multiple reports link the shift to improving external conditions for risk assets. Bloomberg attributes the change to easing Middle East tensions and lower oil prices, which together reduce concerns about higher energy costs and broader economic disruption. As oil prices fall and geopolitical stress in the Middle East eases, investor appetite for emerging markets and India in particular improves. The Business Line report repeats the same figure and timing, also describing the end of the selling streak and the turnaround in inflows. Overall, the coverage indicates a brief reversal in foreign flows to Indian stocks, driven by changes in global risk perception related to oil and regional developments. The reports do not indicate any separate domestic catalyst in India.
Global Funds Resume Buying of Indian Stocks After Weeks of Selling
Foreign portfolio investors turn from sellers to buyers in Indian equities, according to estimates cited by Bloomberg. After eight consecutive weeks of net selling, global funds purchase almost $900 m...
- Global funds stop an eight-week selling streak in Indian equities and turn net buyers.
- Foreign investors purchase almost $900 million of Indian shares in the latest week, per Bloomberg estimates.
- The shift is associated with easing Middle East tensions.
- Lower oil prices are cited as a factor behind improved investor appetite.
- The buying is the first for global funds in about two months, according to Bloomberg.
Global funds purchased almost $900 million of Indian shares last week following eight consecutive weeks of selling, according to Bloomberg estimates
2 months agoGlobal funds purchased almost $900 million of Indian shares last week following eight consecutive weeks of selling, according to Bloomberg estimates
2 months agoForeign investors turned buyers of Indian equities for the first time in two months as easing Middle East tensions and lower oil prices revive appetite for the market.
2 months ago
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