According to CNBC, India's Finance Minister Nirmala Sitharaman said abundant liquidity and the ease of exiting investments have contributed to Indian equities' underperformance and may continue to weigh on the market. She said the economy's fundamentals remain sound, while continued capital outflows are one of India's biggest risks in 2027. India's benchmark indexes have fallen nearly 12% since January despite resilient economic growth. Foreign portfolio investors have sold more than $33 billion in direct Indian equities so far this year.