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Foreign Investors Flee India Amid Earnings Worries

  • Foreign investors pulled $5.4 billion from Indian equities in January, marking the worst start to a year.
  • The NSE Nifty 50 Index has dropped nearly 12% since September, with weak corporate results adding to concerns.
  • Analysts expect continued foreign outflows due to earnings crunch and sluggish consumption, with hopes pinned on the upcoming federal budget for relief.

Source: Yahoo Finance

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