Foreign Investors Turn Most Bearish On Indian Markets In Over Two Months

Business Standard · stocks

Overseas investors have become the most bearish on Indian markets in over two months due to weak global macroeconomic signals, making Dalal Street investments less attractive. Foreign funds are selling index futures or have shorted the market, reflecting low confidence in Indian stocks' growth prospects. The long-short ratio fell to 8%, the lowest since July 23, indicating a bearish sentiment. Global risks like the US-Iran conflict, rising US bond yields, and Brent crude prices are deterring foreign investors from covering their shorts, despite the market being oversold.