Global Funds Buy $900 Million Indian Shares as Oil Shock Eases

1 articles · Updated · Bloomberg · Jun 23

$900 million of net foreign buying flowed into Indian equities last week, ending an eight-week selling streak and marking global funds' first weekly purchases in two months.
Lower oil prices and easing Middle East tensions revived appetite for the market, reducing one of the biggest near-term risks for import-dependent India.
Overseas investors still remain heavy sellers in 2026, with cumulative outflows exceeding $29 billion despite last week's rebound.
That leaves foreign flows on track to surpass the annual record for outflows even after the latest turn in sentiment.