New Delhi: Afterwithdrawing money for the past three months, foreign investors have turned net buyers with a net infusion of Rs 14,610 crore in October, supported by resilient corporate earnings, a rate cut by the US Federal Reserve, and hopes of US-India trade talks materialising soon.

This turnaround comes after a prolonged spell of persistent outflows, with FPIs pulling out Rs 23,885 crore in September, Rs 34,990 crore in August, and Rs 17,700 crore in July, data from depositories showed. The renewed inflow in October, therefore, marks a notable shift in sentiment, reflecting fresh confidence among global investors towards Indian markets.

Explaining the change, Himanshu Srivastava, Principal, Manager Research, Morningstar Investment Research India, said the reversal was driven by imp

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