Foreign investors have pulled back from the Indian stock market. Several major companies have seen significant drops in foreign institutional investor holdings over the past year. This selling pressure has coincided with sharp declines in the share prices of these well-known companies.
Upbeat earnings bolster case for India stocks as Asia wavers
Indian equities are outperforming Asian peers, supported by stronger-than-expected corporate earnings, improving valuations and renewed foreign investor inflows. September-quarter profits rose 20% among major companies,