Foreign investors pulled out a significant $751.4 million from Indian equities on March 2, ending a strong February inflow. This reversal, driven by escalating Middle East tensions, signals a cautious near-term outlook for foreign fund flows. Despite this, overall FPI selling in FY26 has been less severe than the previous year, indicating a more measured approach to Indian markets.
BofA cuts India’s Nifty 50 earnings forecast as stagflation fears rise
BofA Securities has significantly lowered its earnings growth forecast for Nifty 50 companies to 8.5% for FY27, citing rising stagflation risks and potential impact of