Foreign Investors Exit India with $3.2 Billion Outflow as Oil Surges Past $100

Key Facts

Foreign investors pulled $3.2 billion from Indian stock and bond markets as Brent crude prices rallied above $100 per barrel. Oilprice.com reported that international funds offloaded $2.1 billion in equities and $1.1 billion in index-eligible sovereign bonds during September.

The current pace of outflows is the highest since March, driven by concerns over oil supply crunches in Asia. According to Bloomberg data from the Clearing Corporation of India Limited, these withdrawals reverse a period of steady inflows seen since April, as surging energy costs weigh on India's trade balance and inflation outlook.