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Reverse AI trade drives foreign inflows back to India but rising US inflation poses challenge: Ajay Bagga

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Reverse AI trade drives foreign inflows back to India but rising US inflation poses challenge: Ajay Bagga

Business News Tech AI Reverse AI trade drives foreign inflows back to India but rising US inflation poses challenge: Ajay Bagga

Reverse AI trade drives foreign inflows back to India but rising US inflation poses challenge: Ajay Bagga

Foreign investors are returning to Indian equity markets as global funds shift away from the artificial intelligence infrastructure trade in markets such as the US, Japan, South Korea and Taiwan, while India's relatively attractive valuations and falling crude oil prices are improving its investment appeal, banking and market expert Ajay Bagga said.

Foreign investors are returning to Indian equity markets as global funds shift away from the artificial intelligence infrastructure trade in markets such as the US, Japan, South Korea and Taiwan, while India's relatively attractive valuations and falling crude oil prices are improving its investment appeal, banking and market expert Ajay Bagga said. According to NSDL data, foreign investors have pumped over Rs 53,000 crore into Indian equities in November so far, following two consecutive months of selling. In an interview with on Wednesday, Bagga said it was too early to conclude whether the recent buying would turn into a sustained trend, but identified the reversal in the global AI trade as one of the major reasons behind the return of foreign money to India.

"Money from that is flowing out, be it from Korea, be it from Japan, be it from Taiwan or even from the US hyperscalers. Some of those funds are coming back into India," Bagga told ANI.



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