India, Taiwan ETFs see record outflows before Asia stock rebound

India and Taiwan ETFs saw record outflows in March, with BlackRock's INDA losing 1.4 billion dollars and EWT shedding 1.1 billion dollars, as currency weakness, rising bond yields, and energy-cost concerns hit emerging Asia. India's benchmark fell 11 percent in March, taking 2026 losses above 15 percent, with the rupee at record lows and both UBS and HSBC downgrading Indian equities to neutral. A tentative rebound followed Trump's hints of a quicker exit from the Middle East conflict, though analysts cautioned sentiment remains headline-driven and fragile.