Investors poured money into Indian company stocks ETFs ahead of Modi s predicted third-term win based on exit polls. India saw the largest inflow with $307.5 million, led by iShares MSCI India ETF. Market experts like Ashish Chugh from Loomis Sayles anticipate pro-growth policies under Modi s leadership.
India's ruling party unexpectedly lost majority after elections but Prime Minister Narendra Modi will likely be back for a third-term with support from coalition partners. That unnerved investors in Indian companies both at home and in the U.S.
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