Global Funds Snap Indian Stock Selling Streak as Oil Shock Ebbs (opens original article in a new tab)
Foreign investors bought Indian equities for the first time in two months as Middle East tensions eased and oil prices dropped, though annual outflows remain high.
- Global funds bought $900 million of Indian shares last week after eight weeks of selling
- Middle East tensions eased and oil prices dropped
- Overseas investors remain net sellers this year with outflows over $29 billion
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