Record $12 billion pulled from Indian stocks by foreign investors
after close1 source ↓written by the desknot a recommendation
- approximately
- ₹1.12 trillion
- from Indian equities
- $12.1 billion
Foreign investors are set to withdraw ₹1.12 trillion (approximately $12.1 billion) from Indian equities this March, marking the worst monthly selloff on record. The ongoing Iran war is disrupting oil supplies, raising fears of a growth slowdown in India. Companies cite unstable market conditions and rising inflation as key concerns. 📉
This unprecedented outflow may have significant implications for market sentiment and economic stability in the near term.
Not investment advice. For informational purposes only.