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Story summary
- India’s equity markets extended an eight-week losing streak, longest in 25 years, despite 7% growth.
- Retail investors in the Nifty have seen their wealth fall about 15% this year.
- Foreign institutional investors withdrew roughly $40 billion from Indian markets over the past two years.
- Domestic mutual-fund assets rose from about $125 billion in 2016 to $900 billion this year.
- The number of Indian individuals holding stocks or mutual funds tripled to roughly 150 million.