India logs $106 million inflow in week ended April 18, reversing $5 billion sell-off
India’s equity markets recorded a net foreign inflow of $106 million in the week ended April 18, breaking a six-week cumulative outflow of nearly $5 billion, according to Elara Capital Global Liquidity Tracker data.
Weekly outflows from India-focused funds declined sharply from $1.2 billion at their peak to $180 million, indicating a measurable reduction in selling pressure.
This is the first weekly inflow in seven weeks.
Also Check :
ETF inflows of $220 million offset continued $400 million outflows from long-only funds
Exchange-traded funds (ETFs) drove the inflow, adding $220 million during the week, while long-only funds continued to withdraw capital, with outflows of $400 million.
US-domiciled funds recorded inflows of $225 million after seven consecutive weeks of outflows totaling $3.3 billion.
Despite this shift, India-dedicated strategies have now seen outflows for nine consecutive weeks.
Global liquidity remains steady with strong inflows into US and global funds
The report shows global liquidity conditions remained supportive for a fourth straight week.
- US equity funds: $10–22 billion weekly inflows
- Global-mandated funds: $16 billion inflows
- Global Emerging Market (GEM) funds: $1–2 billion weekly inflows
- Emerging market growth funds: $1.4 billion inflows, led by Taiwan
Europe and China continued to record outflows over the past five weeks.
Commodity equity flows moderate as energy and metals lose inflow momentum
Flows into commodity-related equity funds slowed after earlier gains during geopolitical tensions.
- Energy equity funds saw moderating outflows over the past three weeks
- Gold flows stabilized at a slower pace compared to earlier levels
- Silver flows remained weak without recovery
What to track next in market flows
The $106 million inflow remains small relative to the $5 billion outflow over the previous six weeks.
Near-term direction will depend on whether:
- ETF inflows remain above $200 million per week
- US-domiciled funds continue net buying after the $225 million inflow
- GEM fund inflows sustain above the $1–2 billion weekly range
Sustained improvement across these flow categories would be required for a broader reversal in foreign investment trends.
