Overview

• In Bank of America’s August survey of 99 fund managers overseeing $183 billion, a net 30% said they are underweight on India, ranking it last among Asian markets.
• President Trump’s decision to double tariffs on Indian goods to 50% over its Russian oil purchases is cited by strategists as the chief catalyst for the shift in allocations.
• Global investors have withdrawn about $4 billion from Indian equities this quarter amid concerns over stretched valuations and weak corporate earnings.
• Domestic mutual funds logged a record ₹427 billion of net inflows in July, cushioning the impact of foreign outflows on market prices.
• Indian stocks recorded their worst weekly losing streak since the start of the COVID-19 pandemic and underperformed regional peers as allocations rotated toward Japan and China.