Global inflows help Indian stocks become EM Asia’s top gainers
Fri, Jun 2, 2023 4:02 PM

Global inflows help Indian stocks become EM Asia’s top gainers

A Flip by Shubhangi Gupta
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Foreign inflows into Indian stocks accelerated to a nine-month high in May as investors sought to capitalize on one of the fastest growth rates among major economies. Overseas investors purchased a net $5 billion of the nation’s shares last month, the most since August. Global funds snapped up the stocks for 24 consecutive days through May 31, the longest streak since August 2016.

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