[ad_1] MUMBAI: Foreign fund managers are on a covid-19-led path to the worst on Indian equities in two years as concerns over rising interest rates in the US, a weaker rupee and a global recession fuel risk-off sentiment. The long-short ratio in index futures – a measure of the number of bearish versus bullish positions – held 12% of foreign investors on Monday, the lowest in two years. Low readings mean that foreign investors are going through a bearish phase. The previous low was 12.4% on February 28, 2020, when…