This week’s sell-off that pushed Indian equities to a three-month low hasn’t diminished domestic investors’ appetite for risk.
Local institutional investors, including mutual funds, bought stocks worth 8.6 billion rupees ($282 million) net on Wednesday, data compiled by Bloomberg show. The inflow is the most in seven weeks and came on a day when the benchmark S&P BSE Sensex capped a seventh day of losses, the longest streak in 2017.