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Global Funds Snap Indian Stock Selling Streak as Oil Shock Ebbs (opens original article in a new tab)

TL;DR

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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