Global funds undeterred by India-Pakistan standoff; DII flows taper off

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Global funds undeterred by India-Pakistan standoff; DII flows taper off - Business Standard

Quick Summary:

The cross-border firing, soon after the April 22 Pahalgam terror attack, came as Islamabad halted all trade with India, while Delhi put a pause on the Indus Waters Treaty amid a series of countermeasures.

Besides, India's relatively better trade relations with the US, falling US dollar index, and easing crude oil prices will make Indian equities better suited for foreign investors over the medium term, analysts added.

Domestic institutional investors (DIIs), on the other hand, sold shares worth ₹5,300 crore over the past eight days.