India Stocks Lure Ebbs as Taiwan Gets More Foreign Flows: Chart
(Bloomberg) -- Global investors' love for Indian equities is starting to cool. They pulled $345 million from local shares in April after the world-beating rally sent valuations to the highest level since 2010. The withdrawal helped Taiwan surpass India as Asia's biggest destination for overseas money so far this year. The island's equities lured $7.3 billion since Jan. 1, helping the Taiex index approach 10,000 -- level it hasn't closed above for 17 years.
To contact the reporter on this story: Ameya Karve in Mumbai at akarve@bloomberg.net.
To contact the editors responsible for this story: Divya Balji at dbalji1@bloomberg.net, Ravil Shirodkar
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