FPIs return with Rs 38,971 crore in a week as AI stocks slide

FPIs return with Rs 38,971 crore in a week as AI stocks slide

Foreign portfolio investors bought Rs 38,971 crore of Indian equities in a week, NSDL data shows, as a global sell-off in AI-linked stocks turned attention to India. The Nifty rose 7.58% as FPIs turned aggressive buyers while domestic institutions sold. Analysts cite India's earnings growth and attractive large-cap valuations as key draws.

Source: Moneycontrol

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