Indian Markets Reflect FII Charm

After withdrawing billions of dollars from Indian equities year-to-date, foreign institutional investors (FIIs) have made a remarkable comeback in September, with inflows of `16,500 crore as of September 17. This trend reversal is significant: out of the 12 trading sessions this month, FIIs have been net buyers in nine. FIIs have historically been key players in the Indian equity market, often acting as a barometer of market sentiment.