By Chiranjivi Chakraborty, Bloomberg Markets Live reporter and strategist
India’s $1.2 trillion equity rout is starting to worry its legions of retail investors who have supported the market for months amid an exodus of global funds.
Inflows into domestic mutual funds have slumped about 30% from October’s record high, and the influx of new entrants into the market has slowed to hit a two-year low. Those are just some of the signs that individual investors, a key force behind a pandemic-era world-beating rally, are wavering as they are caught up in their first prolonged rout.
