After months of sustained selling, foreign investors are beginning to turn more positive on India, with equities now "probably oversold", Motilal Oswal Financial Services chairman Raamdeo Agrawal said on Saturday, even as he warned that geopolitical uncertainties and elevated oil prices continue to cloud the outlook.

After months of sustained selling, foreign investors are beginning to turn more positive on India, with equities now "probably oversold", Motilal Oswal Financial Services chairman…

Indian equities are expected to extend recent gains in August, supported by foreign fund inflows. Analysts anticipate a continued upward move for the Nifty after recent…