Indian Stocks Head for Most Monthly Foreign Outflows in 4 Years

-- Overseas investors sold Indian stocks every trading session this month, taking the net outflows to the highest since March 2020.Foreign funds withdrew more than $7 billion from Indian equities in the month through Oct. 14, according to data compiled by Bloomberg. If the trend continues, the month will see the biggest exit since a record selloff during the pandemic.

The number of bulls equaled bears to extinguish the overweight stance on India in a BofA Securities survey. That’s a sharp U-turn from a net 32 percentage point lead for optimists in July. Domain Holdings Australia Limited's Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global Money Is Chasing Indian Stocks Again as Bull Run Extends(Bloomberg) -- Overseas funds are piling money into Indian stocks, marking a strong return to the $5 trillion market after election-related uncertainty...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Why software stocks are outperforming chip stocksYahoo Finance markets and data editor Jared Blikre takes a look at broader market trends as stocks continue their rally. This ongoing rally was sparked by...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stocks rise amid big bank earnings, inflation dataJPMorgan and Wells Fargo get earnings season going in earnest while a wholesale inflation print is in focus after the CPI surprise.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Tech leads stocks higher as oil prices retreat, China rally stallsThe focus is back on the ongoing debate over the economy and interest rates as headwinds ease.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »