Mumbai: With foreign investors stampeding for the exit from risk assets as uncertainties cloud a quick resolution to the debt crisis in Europe, the outlook for shares in faraway India is taking a hit for no fault at home. Foreigners have taken out around $1.5 billion (Dh5.5 billion) from Indian stocks in May, sending the top-30 Sensex down for three of the last four weeks and slashing about a tenth of market value. Simmering concerns the debt problems in Europe may get worse have made foreign...
Full Story: Gulf News
