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Investors are accelerating their flight from the largest US-listed exchange-traded fund tracking Indian equities.
The iShares MSCI India ETF saw $220 million in withdrawals on Monday, its largest since April 2025.
KEY POINTS
- Total outflows from the ETF over five weeks have surpassed $2 billion, per Bloomberg data.
- Iran has effectively shut the Strait of Hormuz, disrupting India's key energy import route.
- UBS Global Wealth Management downgraded Indian stocks to neutral due to energy supply risks.
- The NSE Nifty 50 Index dropped over 11% in March, nearing post-US tariff turmoil levels.
COMPANIES
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