Monsoon season may be over, but India\u2019s 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\u2019s equities from the beginning of 2009 through the end of last quarter, Bloomberg calculations using cumulative year-end net investment flow data show. That\u2019s more than the combined offshore purchases of South Korean and Taiwanese stocks over the period. Thailand is the only emerging Asian market excluding China that has seen outflows. ALSO READ:\u00a0Share market LIVE updates: Sensex jumps 300 points, Nifty above 10,250; Wipro down 3% ahead of Q2 results On a proportional basis, foreign purchases of Indian stocks amount to just over 5 percent of total market capitalization. Taiwan and South Korea are the only other emerging Asian markets where offshore investment totaled more than 3 percent of the market. By contrast, investment in Southeast Asian stocks has been relatively minuscule. The flow data suggest that India\u2019s Sensex index, which has fallen around 13 percent from a high in late August, may be the most vulnerable to further outflows in the region if global risk aversion worsens. Foreign funds have pulled some $2.6 billion from the nation\u2019s stocks this month through Monday, according to exchange data. Indian stocks - until recently Asia\u2019s top performers - have slumped as surging oil prices, a plunging rupee and growing financial concerns about non-bank lenders soured investor sentiment. The Sensex gauge rose 1.1 percent shortly after the open in Mumbai on Wednesday as most Asian equities advanced.