India is experiencing a pivotal shift in its financial markets as domestic investors take the lead over foreign entities, enduring a three-year trend of FPI sell-offs. This resilience results from a cultural embrace of SIPs for equity savings and a more sophisticated investor base. While global factors may still affect FPIs, the rising domestic wealth is now significantly influencing the market.

Weak stock market returns? Foreign investors continuing to sell?

JP Morgan says India’s capital markets continue to be driven by strong SIP inflows of ₹310 billion in May 2026, despite weak equity returns and sustained foreign portfolio…