Foreign investors inject nearly $5 billion into Indian stocks
Business
Foreign investors just dropped nearly $5 billion into Indian stocks in five trading sessions, turning around months of selling.
What's driving the buzz? Strong company earnings, cheaper oil, and shifting global trends.
The highlight: on one day alone, they invested almost ₹15,000 crore, showing fresh confidence in India just ahead of Diwali.
Foreign investors favor financials, autos, IT
FIIs are now betting on sectors like banking, finance, autos, and IT, areas expected to do well in the current climate.
After pulling out for a while (which hit foreign ownership hard), they're back as India stands out from shaky global markets.
With less exposure to volatile AI stocks and a steady rupee, India feels like a safer bet for global investors looking for stability and growth.