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  • News From Press Domestic funds emerge as the only bulls in India as foreigners sell

    Domestic funds emerge as the only bulls in India as foreigners sell

    Source: The Economic Times Sep 29, 2017


    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.

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