FPIs' NOVEMBER U-TURN: ₹84,000 CRORE FLOWS...FOR MORE, READ!

84,000 CRORE FLOWS BACK INTO INDIAN MARKETS — WHAT HAS CHANGED? FOREIGN INVESTORS ARE BACK. BUT WHAT IS MAKING INDIA ATTRACTIVE AGAIN? After months of persistent selling, Foreign Portfolio Investors (FPIs) have made a sharp comeback in Indian equities. The big question: What has changed in global markets, and why are foreign investors returning to India? Let's understand the five major factors. 1. THE BIG TURNAROUND – FROM SELLING TO BUYING Foreign investors had withdrawn substantial money from Indian equities over the previous two months. Month FPI Equity Flows September 2026 -₹35,861 Cr October 2026 -₹34,843 Cr November 2026 (so far) +₹84,291 Cr --->THE GLOBAL AI TRADE IS LOSING MOMENTUM One of the biggest triggers behind this shift is the correction in global AI-linked stocks. Investors are becoming cautious about: Extremely high valuations of AI-related companies. Massive spending on data centres and AI infrastructure. Whether these investments will generate sufficient returns. The risk of excessive optimism in technology stocks. --->LARGE-CAP VALUATIONS ARE LOOKING MORE REASONABLE Indian equities had underperformed several global markets during much of 2026. That underperformance, combined with improving earnings expectations, has made selected Indian large-cap stocks more attractive to foreign investors. --->WHICH SECTORS ARE ATTRACTING FOREIGN BUYING? Early November flow data reported by Business Standard indicated buying interest in major index-heavy sectors. Sector Why It Is in Focus Financial Services Large-cap banks and financial companies Information Technology Selective opportunities amid global portfolio rotation Automobiles Domestic demand and earnings visibility Telecom Large-cap exposure and business stability FOCUS STOCKS--> HDFCBANK / !COFORGE / KOTAKBANK / MARUTI