Foreign investor selling and selective buying in Indian markets
The Economic Times says continued backing for IPOs and selective purchases of debt and mid- and small-cap stocks suggest selectivity rather than a broad withdrawal from India.
TLDR
The Economic Times reports that Indian equities extended their losing streak as elevated crude prices, US Treasury yields, geopolitical risks and foreign portfolio investor selling weighed on sentiment. Yet foreign investors continued backing initial public offerings and selectively buying debt and mid- and small-cap stocks. The outlet says that pattern suggests portfolio selectivity rather than a broad withdrawal from Indian markets.
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