Trending stocks this week as Wall Street ends sharply lower

Foreign institutional investors (FIIs) have made a significant comeback on Indian equities, injecting a net Rs 45,960 crore into the market in a single week. This surge in foreign purchasing power has reversed the previous trend of foreign selling, which saw FIIs withdraw Rs 45,162 crore in October. The return of FIIs is attributed to improving domestic earnings prospects, attractive valuations, and easing geopolitical concerns.

The renewed interest in Indian equities has been further fueled by the sell-off in US AI markets, which has made India more appealing to foreign portfolio investors (FPIs). While FIIs were net buyers across all five trading sessions during the week, domestic institutional investors (DIIs) turned net sellers for the first time in 12 weeks, offloading shares worth Rs 24,197 crore.

The sharp reversal in institutional flows has brought hope that the prolonged spell of foreign selling may finally be over, indicating a potential turning point for Dalal Street.

Brief written by urgent.news from The Economic Times - Top News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.