As soaring oil prices and higher global yields threaten the recent recovery in demand, overseas investors have once again begun to sell off Indian assets. Global funds have sold $2.1 billion of local Indian stocks so far this month, after buying for two consecutive months.

As soaring oil prices and higher global yields threaten the recent recovery in demand, overseas investors have once again begun to sell off Indian assets. Global funds have sold $2.1 billion of local Indian stocks so far this month, after buying for two consecutive months.