Taksali points out that FPIs invested around ₹20,000 crore in Indian equities in July, followed by another ₹12,921 crore in the first week of August. With the Niftys trailing P/E now around 20.8x—below its seven-year median and 10-year average—Indias valuation premium has also become more reasonable.

Overseas investors invested Rs 3,358 crore in Indian IT stocks in July 2026, marking their first purchase in the sector this year amidst growing interest in equities.

Taksali points out that FPIs invested around ₹20,000 crore in Indian equities in July, followed by another ₹12,921 crore in the first week of August. With the Niftys trailing P/E…