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Foreign selling in Indian equities nearing exhaustion, but global investors still cautious on India: Goldman Sachs

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Foreign selling in Indian equities nearing exhaustion, but global investors still cautious on India: Goldman Sachs

New Delhi [India], May 10 (ANI): Foreign investor selling in Indian equities may be nearing exhaustion after record outflows in recent months, but a meaningful return of foreign capital could still take time due to expensive valuations, weak earnings visibility and global investor preference for North Asian markets, according to a Goldman Sachs India strategy report. In its report titled…

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