FIIs just pumped $3 billion into Indian stocks as brutal selloff ends. Here's what they are buying
Foreign investors have injected nearly $3 billion into Indian equities recently. Financial services and consumer services attracted significant inflows from these investors. However, automobiles and power sectors experienced substantial outflows during this period. This renewed buying is seen as tactical, not a broad market rebuilding. Global macroeconomic shifts and valuations continue to influence foreign investment decisions.