Foreign investors have sold Indian government bonds since August. Global yields have risen significantly, impacting investment decisions. Bloomberg’s decision to defer local debt inclusion also affected flows. Higher yields in developed markets narrowed the differential with Indian rates. Market participants anticipate largely neutral flows in the near future.
FPIs sell $1.6 billion of Indian stocks in five trading sessions
After a brief period of optimism, foreign investors are retreating from Indian stocks as rising crude oil prices and escalating global bond yields shift market