A $50 billion influx is helping Indian stocks brave foreign exodus
- Posted on October 24, 2024
- By Business News Today
- 1 Views
A $50 billion influx is helping Indian stocks brave foreign exodus
Factors such as high valuations, slowing profit growth, and renewed interest in competing Chinese stocks contributed to this shift. As a result, overseas funds have withdrawn over $8 billion on a net basis, erasing much of the inflow seen in 2024.
