Foreign investors sold Rs 94,000 crore in Indian stocks in October, the largest monthly outflow ever, driven by elevated valuations in India and attractive prices in China. This caused key indices to fall by up to 8%. Experts cite slow corporate earnings growth and emphasize focus on stock-specific investments with good Q2 results and earnings visibility.
Foreign investors sold Rs 94,000 crore in Indian stocks in October, the largest monthly outflow ever, driven by elevated valuations in India and attractive prices in China. This caused key indices to fall by up to 8%. Experts cite slow corporate earnings growth and emphasize focus on stock-specific investments with good Q2 results and earnings visibility. Foreign investors sold Rs 94,000 crore in Indian stocks in October, the largest monthly outflow ever, driven by elevated valuations in India and attractive prices in China. This caused key indices to fall by up to 8%. Experts cite slow corporate earnings growth and emphasize focus on stock-specific investments with good Q2 results and earnings visibility. Read More
