After betting $101 bn in 10 years, foreign investors ditching Indian stocks

Thailand is the only emerging Asian market excluding China that has seen outflows

Monsoon season may be over, but India’s investors are at risk from a different kind of flood.

Indian stocks have been the biggest emerging-Asian beneficiaries of the wave of liquidity that swept over world markets in the wake of the global financial crisis, according to data compiled by Bloomberg. That may also make them the most vulnerable, now that the waters are receding.

Foreign investors have pumped a net $101 billion into the country’s equities from the beginning of 2009 through the end of last quarter, Bloomberg calculations using cumulative year-end net investment flow data show. That’s more than the combined offshore