After $30 Billion Exodus, Global Money Trickles Back Into India




  • In Business
  • 2022-07-22 04:16:13Z
  • By Bloomberg

(Bloomberg) -- Foreign funds are showing signs of a return to Indian equities as recent declines in oil prices and the dollar bring some reprieve for emerging markets.

Most Read from Bloomberg

  • Americans Who Can't Afford Homes Are Moving to Europe Instead

  • Musk Lieutenant Scrutinized in Internal Tesla Purchasing Probe

  • These Are the World's Most (and Least) Powerful Passports in 2022

  • Biden Contracts Covid as Pandemic Shows Its Staying Power

  • Ex-Coinbase Manager Arrested in US Crypto Insider-Trading Case

Overseas investors have bought a net $1 billion of local stocks in the first three days of this week, according to the latest available exchange data compiled by Bloomberg. That puts them on course for the first weekly purchases since April. They dumped almost $30 billion of shares in the year through last Friday.

A return of foreign funds could boost Indian stocks, which have been resilient this year even as their EM peers suffered the worst first-half performance in 24 years amid concerns on US interest-rate hikes and China's pandemic lockdowns. India's benchmark S&P BSE Sensex Index has climbed almost 8% over the past month, the best performance in Asia.

Most Read from Bloomberg Businessweek

  • Sam Bankman-Fried Turns $2 Trillion Crypto Rout Into Buying Opportunity

  • The US Has Lost Its Way on Computer Chips

  • Postmortem Sperm Retrieval Is Turning Dead Men Into Fathers

  • Mortgage Boycott Shows How Deep China's Property Crisis Goes

  • Brain-Computer Interface Startup Implants First Device in US Patient

©2022 Bloomberg L.P.

COMMENTS

More Related News

Putin
Putin's War Hurls His Economy Back Four Years in One Quarter

(Bloomberg) -- President Vladimir Putin's invasion of Ukraine set Russia's economy back four years in the first full quarter after the attack, putting it on ...

Prada is Seeking at Least $1 Billion in New Milan Listing
Prada is Seeking at Least $1 Billion in New Milan Listing

(Bloomberg) -- Prada SpA is considering seeking at least $1 billion from a second listing in Milan, people familiar with the matter said, as the Italian...

Ukraine Latest: Putin
Ukraine Latest: Putin's Economy in Focus; More Grain on the Move

(Bloomberg) -- Russia's economy is suffering from its six-month invasion of Ukraine and faces one of the longest downturns on record, according to analysts...

Asian Gas Prices Rally on Rush by Japan to Secure Winter Supply
Asian Gas Prices Rally on Rush by Japan to Secure Winter Supply

(Bloomberg) -- Japan, one of the world's top buyers of liquefied natural gas, is rushing to secure supply for winter, exacerbating a global shortage and...

India authorities block crypto exchange Bitbns
India authorities block crypto exchange Bitbns' bank account

Indian crypto exchange Bitbns said on Thursday that withdrawals in Indian rupees (INR) have been delayed as law enforcement officers have blocked its bank...

Leave a Comment

Your email address will not be published. Required fields are marked with *

Cancel reply

Comments

  • dark web links
    (2022-07-22 10:38:51Z)

    It also makes it easier for people to get around and view your website. There are many services available to help you get started. Check out what is available online today and get moving!

    REPLY
  • deep web
    (2022-07-22 11:11:32Z)

    There are e-books which include some great content. There are audio files and video files too. These can be used for various purposes, such as driving customers to your site, advertising, and promoting your site, and so forth.

    REPLY
    • Sarkari Yojana @deep web
      (2022-08-05 07:55:25Z)

      This has allowed the banking system to grow tremendously. The digitization of banking has gotten a big boost because of COVID-19. Even before the pandemic, internet banking was an important aspect of retail banking

      REPLY
  • dark web sites
    (2022-07-22 11:35:07Z)

    These directories are particularly useful if you wish to build links with reciprocal sites. This will ensure that you do not waste your time submitting links to these sites only to find out later that they are not interested in your offerings.

    REPLY
  • dark web
    (2022-07-22 11:56:25Z)

    This is why you should never make the mistake of investing in a high-ranking site without doing some offsite optimization. This is where offsite links come into play.

    REPLY
  • dark web links
    (2022-07-22 12:14:22Z)

    With links, sites can build up their reputation and link popularity which, in turn, will boost their rankings in the search engines.

    REPLY
  • work from home jobs
    (2022-07-22 12:36:10Z)

    In order to do that, you must find a good affiliate program that fits your niche. For example, let's say you are a web developer and you want to promote web hosting. You would look for a program that focuses on that particular niche.

    REPLY
  • affiliate marketing success
    (2022-07-22 13:03:00Z)

    Another way to get your affiliate marketing business off the ground is to choose a specific niche and promote products that fall within that category. It is important to pick a niche that has many potential buyers but is not crowded yet.

    REPLY

Top News: Business