Record foreign exodus casts a pall over Indian stock market
Tue, Nov 5, 2024 8:49 AM

Record foreign exodus casts a pall over Indian stock market

A Flip by Shubhangi Gupta
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Foreign investors are souring on India’s stock market, selling a record amount of shares amid signs the South Asian nation’s post-pandemic economic boom is losing steam. Global funds pulled out more than $10 billion on a net basis in October, helping drive the benchmark stock index toward a so-called technical correction.

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