Foreign investors pull ₹13,000 crore from Indian stocks—here's what's up
In just one week, foreign investors took out over ₹13,000 crore from Indian equities, with the biggest exit happening on December 4.
Only December 5 saw a bit of relief with some money flowing back in.
Why does this matter?
Even with all that money leaving, domestic investors are stepping up and helping steady the market.
India's solid GDP growth, hopes for better company profits, a recent RBI rate cut, and improved liquidity are keeping things from getting too shaky.
What's behind these moves?
A weaker rupee this year has made India less attractive to global investors looking for dollar returns.
Plus, high US interest rates and a strong dollar are pulling money toward developed markets instead.
Basically, global caution and currency swings are making things bumpy for Indian stocks right now.