Indian capital markets seem to be losing their 'safe haven' status among foreign portfolio investors as they appear headed for nearly $2-billion pullout of the so-called 'hot money' 2016, making it the worst period in last eight years in terms of foreign investments.
Surprisingly, it is the debt instruments that are taking the biggest hit, after remaining a preferred investment avenue for foreign funds in recent years, even as equities continue to attract net inflows but not enough ..
