Global funds turn wary of Indian stocks as AI boom draws money elsewhere
· business-standard.com
India's appeal to global fund managers is weakening amid muted corporate earnings and the lack of a major AI investment theme, pushing foreign ownership of NSE-listed companies to a 17-year low
By Faseeh Mangi, Winnie Hsu and Abhishek Vishnoi
When Reed Capital Partners, a multifamily office, wanted to trim its equity exposure about a month ago, it cho...