Latest GEM funds News & Updates

India Sees Positive Inflow of $106 Million After Weeks of Outflows

By

New Delhi, April 25 (IANS) India recorded a net inflow of $106 million in the latest week, which is the first positive weekly flow in seven weeks, a report has said.According to a report by Elara Capital, the inflow came after cumulative outflows of nearly $5 billion over the previous six weeks, indicating a gradual easing of selling pressure from India-focussed funds.Moreover, weekly outflows from such funds declined sharply from a peak of $1.2 billion to about $180 million, it said.Meanwhile, …