Foreign investors withdraw $6.3 billion from Indian equities
after close1 source ↓written by the desknot a recommendation
- from Indian equities
- $6.3 billion
- per barrel
- $100
- against the US
- ₹92
Foreign investors pulled $6.3 billion from Indian equities in early March, driven by escalating geopolitical tensions in West Asia. This sell-off reflects a strategic shift towards sectors with better value and direct commodity exposure amid fears of prolonged conflict disrupting trade routes.
• Brent crude prices surged above $100 per barrel.
• The Indian rupee fell to near ₹92 against the US dollar.
This trend highlights growing caution among global investors regarding India's market performance.
Not investment advice. For informational purposes only.