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This Article is From Aug 24, 2021

Foreigners Pile Into Indian Stocks, Flee Korea and Taiwan: Chart

STOCKS IN THIS STORY
Goenka Business & Finance Ltd.
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Cosco (India) Ltd.
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Nifty Capital Markets
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Nifty Top 20 Equal Weight
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USD-INR
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MSCI World
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Pritika Auto Industries Ltd
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MSCI AC Asia ex-Japan
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BSE Finance
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Space Incubatrics Technologies Ltd.
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SVC Industries Ltd.
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TMT (India) Ltd.
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Ajmera Realty & Infra India Ltd.
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Indian equities are Asia's best performers this year among major bourses, shrugging off one of the world's worst Covid outbreaks, and some of the strongest foreign demand across emerging markets has played a major role. The Sensex's 16% gain this year took it past South Korea and Taiwan, which had surged on the boost to chipmakers from stay-at-home demand for technology. The Kospi and the Taiex are still substantially higher for 2021, despite relentless equity outflows as foreigners took their money out.

©2021 Bloomberg L.P.

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