FIIs Turn Net Buyers in March Amid RBI Rate Cut Hopes and Nifty Rejig

For the first time in March, foreign institutional investors (FIIs) became net buyers of Indian equities, reversing two months of outflows. This shift, driven by RBI rate cut expectations, valuation comfort, and US Fed’s dovish stance, led to inflows exceeding ₹11,000 crore by March 27. Analysts attribute the turnaround to passive Nifty index rebalancing, liquidity measures, and India's relative market appeal.