Business · Markets · 3 hrs ago
Foreign investors buy $1.2 billion of Indian shares in 10 trading sessions
Foreign portfolio investors bought nearly $1.2 billion of Indian shares over the 10 trading sessions from October 16 to 30.
They had been heavy sellers in September and the first half of October, and had sold more than $32.7 billion in Indian equities between January 1 and October 15.
The buying may be linked to worries about the global AI trade, as investors reassess exposure to US technology stocks.
Some investors may see Indian large-cap stocks, including banks and IT companies, as less exposed to an AI sell-off.
The recent purchases do not necessarily signal a broad return of foreign investors or a fresh bullish view of India.
In October, the Sensex and Nifty rose, while mid- and small-cap indexes fell; several overseas markets also declined.
Investors are now making selective bets on Indian shares, but no further shift in their activity is specified.
Foreign portfolio investors bought nearly $1.2 billion of Indian equities over the 10 trading sessions from October 16 to October 30.
The purchases followed heavy foreign selling in September and the first half of October.
The buying was concentrated particularly in large-cap stocks, including banks and IT companies.
The article says concerns about the artificial intelligence trade may have shifted some investors towards Indian shares.
Analysts cautioned that the flows may reflect selective or short-term positioning rather than a broad return of foreign investors.
- Who
- Foreign portfolio investors.
- What
- They made net purchases of nearly $1.2 billion in Indian equities over 10 trading sessions.
- When
- Between October 16 and October 30; the article was published on November 2, 2026.
- Where
- Indian equity markets.
- Why
- Concerns about the AI trade may have prompted some investors to shift allocations to Indian equities that had lagged regional peers.
This story does not have two clearly opposing sides.
Foreign portfolio investors sold Indian equities heavily.
Foreign portfolio investors made net purchases of nearly $1.2 billion in the secondary market.
Provisional NSE data showed foreign investors bought equities worth ₹3,600 crore.
The Economic Times published its report on the shift to net buying.
- Net purchases
- Nearly $1.2 billion
- Trading period
- October 16–30
- October 30 purchases
- ₹3,600 crore
- Primary-market buying
- $600 million
- Sensex in October
- Up 1.9%
- Nifty in October
- Up 2.7%
What people are saying
Indian large-cap stocks, particularly banks and IT companies, are being viewed as an anti-AI trade, attracting model-driven flows rather than a broad-based return of long-only foreign investors
A small portion of the inflows reflected selective foreign investors returning to India on a bottom-up basis, attracted by improving growth prospects and opportunities in certain technology sectors