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global funds target growth sectors in india amid equity outflows

Overseas investors are identifying opportunities in India's industrials, healthcare, and telecommunications sectors, despite record outflows from local shares exceeding $2 billion last month. This shift comes as global funds retreat from banks, consumer, and energy sectors, reflecting a broader trend towards investment-led growth. The recent $3.3 billion IPO of Hyundai Motor India highlights the potential in specific areas, even as overall market momentum slows.

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