Global Funds Snap Indian Stock Selling Streak as Oil Shock Ebbs
Bloomberg 2026-06-23 04:35:37
Context: Foreign investors have resumed buying Indian equities after a two-month selling streak, driven by easing tensions in the Middle East and a decline in oil prices. This shift in sentiment has revived appetite for the Indian market, leading global funds to snap their selling streak. The change in investor behavior comes as a relief to Indian markets.
Key Facts
- Foreign investors turned buyers of Indian equities for the first time in two months, marking a significant shift in their sentiment towards the Indian market.
- The easing of Middle East tensions and lower oil prices have been cited as key factors in reviving appetite for the Indian market among global funds.
- The selling streak by global funds had lasted for two months, during which Indian equities experienced significant outflows.