Indian stocks lose foreign investment amid Canada rift

International traders sold a net $1.8bn in Indian equities in September

20231012N India stock exchange

The Bombay Stock Exchange in Mumbai: Foreign investors pulled money out of India's stock market in September. © Reuters

HINAKO SATO and KOHEI ONISHI, Nikkei staff writers

TOKYO/LONDON -- After hitting record highs in September, India's stock market is losing momentum as risk-averse investors pull out money amid a diplomatic row with Canada.

Foreign investors sold a net 147.6 billion rupees ($1.77 billion) in Indian equities during September, according to data from the National Securities Depository.

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