Indian shares record biggest weekly foreign inflow in a year at over $1 billion
Bloomberg data shows that foreign investors poured over $1 billion into Indian stocks last week, marking the largest weekly purchase since at least June of last year. Strategists at Goldman Sachs anticipate more inflows ahead, supported by a steady currency, strong corporate earnings outlooks, and declining commodity costs. Nonetheless, international investors continue to be net sellers for the year overall.
by shortkt.com✓