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Health, Aviation, Automobiles, Entrepreneurs, India, Technology, Luxury | The HinduBusinessLine

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Global funds snap Indian stock selling streak as oil shock ebbs
Bloomberg · 2026-06-23 · via Health, Aviation, Automobiles, Entrepreneurs, India, Technology, Luxury | The HinduBusinessLine

Foreign investors turned buyers of Indian equities for the first time in two months as easing West Asia tensions and lower oil prices revive appetite for the market.

Global funds purchased a net of almost $900 million of Indian shares last week following eight consecutive weeks of selling, according to data compiled by Bloomberg. Even so, overseas investors remain net sellers this year, with outflows exceeding $29 billion and still on track to surpass the annual record.

The shift also follows steps by India to attract foreign capital, including scrapping taxes on certain debt investments and easing ownership restrictions. The measures have helped stabilise the rupee, while foreign investors bought $1.5 billion of sovereign bonds last week, according to Central Depository Services India data.

More stories like this are available on bloomberg.com

©2026 Bloomberg L.P.

Published on June 23, 2026