Foreign Selling Streak in Indian Stocks Hits Record on Oil Spike

Foreign investors were net sellers for a record 23 straight sessions, extending a sustained exodus from Indian equities. Persistent outflows are likely to pressure Indian equity performance and investor sentiment, increasing volatility and posing flow/funding risks for the domestic market.

Analysis

Foreign investors were net sellers for a record 23 straight sessions, extending a sustained exodus from Indian equities. Persistent outflows are likely to pressure Indian equity performance and investor sentiment, increasing volatility and posing flow/funding risks for the domestic market.