NEW DELHI: After three consecutive months of persistent selling, foreign portfolio investors (FPIs) again turned net buyers in the Indian stock markets in October.

October attracted a positive inflow of Rs 14,610 crore in Indian equities on a cumulative basis, according to data available on the National Securities Depository Limited (NSDL) website.

Indian stock indices have, of late, remained on the positive side, supported by robust GDP numbers, GST reforms, stable macroeconomic fundamentals, and, most importantly, the enthusiasm surrounding an India-US trade deal.

Overall, Indian equity markets had largely been choppy over the past months, barring some bullish days, as investors remained uncertain over the trade deal with the United States, which imposed a 50 per cent tariff on Indian

See Full Page