
Foreign investors are increasingly withdrawing from Indian equity markets while shifting their focus to Chinese stocks, according to multiple reports. Data from Elara Capital indicates that India-dedicated funds experienced $270 million in outflows this week, continuing a trend of sustained redemptions. In February, foreign holdings of Indian funds decreased by nearly Rs 2,900 crore, with the PPFAS Mutual Fund reporting the largest decline at Rs 957.51 crore. This trend reflects a broader shift towards fixed income securities in India, as foreign investors are now favoring Indian debt instruments over equities amid concerns about India's growth prospects.

Global investors are deserting India's stock market, selling shares at a record pace to buy Chinese stocks instead, in a dramatic reversal of fortunes for the Asian giants over the last six months. https://t.co/aYh0zf0Scn https://t.co/Hp6BogVxNU
Foreign investors jilt India as growth falters and China beckons | @Reuters https://t.co/mLLBzLRrTq
Foreign investors jilt India as growth falters and China beckons https://t.co/gh836a7KDA https://t.co/25h8lDGMfv