In the first week of December, foreign portfolio investors (FPIs) saw a net inflow of Rs 24,454 crore in Indian equities. This comes after a period of significant outflows, with FPIs withdrawing Rs 21,612 crore in November and a record Rs 94,017 crore in October.

The recent inflow is attributed to stabilizing global conditions and expectations of potential rate cuts by the US Federal Reserve. The volatility in foreign investment trends is evident, as September saw a nine-month high for FPI inflows, totaling Rs 57,724 crore.

According to data from depositories, FPI investments in India have reached Rs 9,435 crore for the year 2024 so far. This shift in investor sentiment suggests a potential recovery in the Indian equity market as global economic conditions evolve.