What has happened to India's third brother recently?
Foreign investors withdrew over $10 billion from the Indian stock market in October,
the largest monthly outflow of foreign capital since the outbreak of the COVID-19 pandemic. The Indian currency, the rupee, has fallen to near historic lows against the dollar.
As signs of slowing growth in the Indian economy become apparent, along with weak corporate profits, investors are increasingly concerned that the bull market in the Indian stock market may be coming to an end.
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