FPIs net bought Rs 6,480 crore worth of Indian equities in October. (Photo source: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed

In what could be a major sentiment booster for Indian markets, foreign portfolio investors have turned buyers with a Rs 6,480 crore investment in the month of October, thus reversing a three-month selling trade.

Indeed, FPIs net sold Rs 23,885 crore in September, Rs 34,990 crore in August and Rs 17,700 crore in July, according to data from depositories.

The renewed inflow in October could go a long way in boosting confidence in the Indian market, which has been dominated by cautious sentiment in the past few months.

According to market experts, several tailwinds have aided the FPI sentiment on Indian markets, including relatively s

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