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Indian shares set for weak October as foreign investors ramp up shorts

Original: Indian shares set for weak October as foreign investors ramp up shorts, brokerages say

Brokerages say Indian shares are set for a weak October as foreign investors ramp up bearish bets on Indian equities. Foreign institutional selling and increased short positions point to renewed concerns about valuations, earnings and the exit of global capital from emerging markets, weighing on sentiment at the start of the month.

Why now: Reports of heavy foreign short-selling have raised fears of further losses in Indian markets this month.

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• Indian shares set for weak October as foreign investors ramp up shorts, brokerages say · Reuters

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