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AI trade unwind, FII inflows brighten August outlook for Indian stocks
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 consolidation periods. Foreign institutional investors have turned positive, marking their first net purchases since February. While geopolitical uncertainties remain, the unwinding of AI trade is seen as positive. Select large caps and specific sectors like NBFCs, pharma, metals, and realty may perform well.
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economictimes.indiatimes.com
Strong earnings, FPI inflows keep Indian equities resilient despite global risks
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FPIs reverse 4-month selling trend with Rs 20,200 cr inflow in July
In July, foreign investors reversed their selling trend, becoming net buyers of Indian equities for the first time in four months by investing Rs 20,200 crore. This surge is…
