Overview
- Depository data shows Rs 14,610 crore flowed into equities in October, ending a three‑month stretch that saw nearly Rs 77,000 crore pulled out.
- Analysts link the shift to resilient Q2 FY26 corporate results and the US Federal Reserve’s 25 bps rate cut, alongside improving sentiment on US–India trade talks.
- Morningstar notes easing inflation, more attractive valuations and reform signals such as GST rationalisation as additional supports for risk appetite.
- Despite October’s buying, FPIs remain net sellers for 2025 by roughly Rs 1.4 lakh crore.
- In debt markets, FPIs invested about Rs 3,507 crore under the general limit and withdrew Rs 427 crore through the voluntary retention route in October.