Foreign Funds Pile Into India as AI Trade Falters

Foreign Funds Pile Into India as AI Trade Falters Including Friday’s provisional figures, foreign funds were net buyers of close to $5 billion of stocks last week. This article is for subscribers only. Good morning... I’m Alex Gabriel Simon in Mumbai, where foreign investors suddenly can’t seem to get enough of Indian stocks. Bulls are riding high after the Nifty 50’s more than 8% rally last week, with foreign buyers pumping in a net $3.6 billion in the first four sessions alone. The benchmark slipped in Sunday’s ceremonial Diwali session — its first loss in such special trading in nine years — but that may do little to alter the broader picture.