Domestic Funds Sell as Foreigners Buy India

Domestic Funds Sell as Foreigners Buy India

Sanjit Das/Bloomberg

Shoppers browse in the fruit and vegetable section of a Bharti Walmart Pvt. Ltd. Best Price Modern Wholesale store in Zirakpur, on the outskirts of Chandigarh, Punjab, India, on Sept. 28, 2012. Prime Minister Manmohan Singh’s administration, striving to avert a credit-rating downgrade and revive economic growth, ended two years of policy paralysis in September by opening the retail industry to overseas companies such as Wal-Mart Stores Inc. and cutting fuel subsidies.