Foreign investors shun Indian stock market amid political turmoil

Foreign investors have shown reluctance towards the Indian stock market, attributing their hesitation to concerns over the country’s political landscape under Modi’s leadership. The market has experienced a significant downturn, with Mumbai’s largest stock exchange bearing the brunt of the uncertainty.

Over the past months, the Mumbai Stock Exchange has witnessed a decline of 600 points, causing substantial losses for investors. Foreign investors, in particular, have been quick to divest, selling shares worth billions of dollars amidst apprehensions surrounding the upcoming elections and the possibility of Modi’s return to power.

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